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Canada's main stock index opened lower on November 3 as bank and resource stocks fell. The Canadian dollar strengthened to a nine-day high after October jobs data beat expectations, raising bets on further Bank of Canada hikes.
Stronger jobs data supports the loonie and the outlook for tighter Canadian monetary policy, which would raise the US dollar cost of Canadian exports.
theglobeandmail.comGillian LivingstonNov 3, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
