Futures for Canada’s main stock index fell on Tuesday as investors turned cautious after hotter-than-expected domestic producer prices data raised the risk of an upside surprise to the inflation data later in the day. All eyes will be on Canada’s consumer price index (CPI) data due at 8:30 a.m. ET, for clues on the central bank’s policy outlook. Money market participants see the Bank of Canada to cut interest rates by 60 basis points in 2024, with the first rate cut likely in July.
Related Posts
Jordan Love, Packers reportedly agree to 4-year, $220 million extension
Thr Green Bay Packers and quarterback Jordan Love have reportedly agreed to a four-year, $220 million extension, making him the highest-paid QB in NFL history.
It’s all Love: Packers’ success is now in Jordan Love’s hands
The Packers have reportedly agreed to terms with Jordan Love on a four-year, $220 million contract. FOX Sports’ Carmen Vitali details how Green Bay’s success now rests in Love’s hands.
Tua Tagovailoa inks four-year, $212.4M extension with Dolphins, $167M guaranteed | Speak
Joy Taylor, LeSean McCoy, James Jones and Dave Helman react to Tua Tagovailoa signing a four-year, $212.4 million ($167 million guaranteed) extension with the Miami Dolphins.