Bay Street Seen Opening On Mixed Note; BoC, Fed Announcements In Focus

Canadian equities are forecast to open mixed as investors track global cues, commodity price trends and the ongoing conflict in the Middle East. Geopolitical risk from the war and swings in energy/commodity markets are keeping sentiment cautious and may drive short-term volatility in resource-linked Canadian names.

Analysis

Canadian equities are forecast to open mixed as investors track global cues, commodity price trends and the ongoing conflict in the Middle East. Geopolitical risk from the war and swings in energy/commodity markets are keeping sentiment cautious and may drive short-term volatility in resource-linked Canadian names.