# Before the Bell: Five things every Canadian investor needs to know - The Globe and Mail

> 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.

- Date: 2017-11-03 · published 2017-11-03T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/68203-before-the-bell-five-things-every-canadian-investor-needs-to-know-the-globe-and
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Stronger jobs data supports the loonie and the outlook for tighter Canadian monetary policy, which would raise the US dollar cost of Canadian exports.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/globe-investor/inside-the-market/before-the-bell/article36823705/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.