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Market Impact: 0.22
IEA Cuts Oil Demand Forecast; Canadian Markets Eye Recovery
Source: Nasdaq
Energy Markets & PricesInflationInvestor Sentiment & Positioning
Canadian stocks are indicated to open with a positive bias after oil prices fell sharply following the International Energy Agency's downgrade to its global oil-demand forecast. Lower crude prices are easing inflation concerns, though the weaker demand outlook may constrain energy-sector sentiment.
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mildly positive
Sentiment Score
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