Futures tied to Canada's main stock index were muted on Wednesday, as investors remained cautious about the size of an interest rate cut by the U.S. Federal ...
- Futures tied to Canada 's main stock index were muted on Wednesday, as investors remained cautious about the size of an interest rate cut by the U.S. Fed eral Reserve later in the day.The U.S. Fed 's policy decision is due at 1400 ET, and the central bank is almost certainly expected to announce its first interest rate cut in more than four years.
In the previous session, Toronto's composite index snapped its three-day streak of record closing highs due to losses in industrial and consumer staples sectors. In corporate news, Barrick Gold suspended operations at its Porgera gold mine in Papua New Guinea until Thursday after tribal violence in the region killed at least 20.The Czech president will pick economist Jakub Seidler to the Czech National Bank board to replace outgoing member Tomas Holub later this year, news website Seznam Zpravy reported on Wednesday, citing sources.
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Kolibri Global Energy Inc. Finishes Drilling Its First Three 1.5 Mile Lateral Wells Under Budget and Quicker Than Forecasted
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