Futures linked to Canada's main stock index rose on Monday, benefiting from gains in crude prices, while investors are watching out for U.S. inflation data, ...
- Futures linked to Canada 's main stock index rose on Monday, benefiting from gains in crude prices , while investors are watching out for U.S. inflation data, which is due later in the week.The composite index ended at an over three-week low on Friday due to declines in technology and commodity-linked shares after U.S. and Canadian jobs data came out.
Policymakers are widely expected to cut rates by 25-basis points in the Federal Reserve's next policy meeting on September 18..On the political front, the first-ever presidential debate between Democrat Kamala Harris and Republican Donald Trump on Tuesday will set the stage for the upcoming U.S. elections in November.
In corporate news, Canada's Alimentation Couche-Tard said it was open to engage in talks with Japanese retail giant Seven & i Holdings after the latter rejected former's $38.5 billion takeover.SEOUL, South Korea, September 09, 2024--Magnachip announces the release of four new 40V MXT MV MOSFETs designed in Power Dual Flat No-Lead 33 packages for automotive applications.
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