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Market Impact: 0.55
Canadian Stocks Poised For Weak Open; BoC Rate Decision Awaited
Source: Nasdaq
Monetary PolicyInterest Rates & YieldsEconomic DataCommodities & Raw Materials
Canadian markets are set to open weakly, tracking softer global risk sentiment and lower commodity prices. Investors are focused on the Bank of Canada’s interest-rate decision and its outlook on the economy, which is likely to drive near-term moves in interest-rate-sensitive sectors.
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Overall Sentiment
mildly negative
Sentiment Score
-0.15
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