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Market Impact: 0.25
Bay Street May Open With Positive Bias On Firm Commodity Prices
Source: Nasdaq
Energy Markets & PricesCommodities & Raw MaterialsInterest Rates & YieldsGeopolitics & WarMarket Technicals & Flows
Canadian stocks are expected to open with a modest positive bias as brisk buying is likely in energy and materials, supported by higher oil and precious-metals prices. However, geopolitical concerns and expectations of potential Fed rate hikes may cap upside, keeping near-term sentiment mixed.
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Overall Sentiment
mixed
Sentiment Score
0.05
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