Bay Street Likely To Open On Negative Note; BoC Policy In Focus

Canadian stocks are expected to open lower as renewed tensions in the Middle East and fresh attacks by Iran and U.S. forces drive risk aversion. Investors are also awaiting the Bank of Canada's monetary policy announcement shortly after the open, adding a second major macro catalyst for markets.

Analysis

Canadian stocks are expected to open lower as renewed tensions in the Middle East and fresh attacks by Iran and U.S. forces drive risk aversion. Investors are also awaiting the Bank of Canada's monetary policy announcement shortly after the open, adding a second major macro catalyst for markets.