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The Canadian market is down marginally in late morning trades on Wednesday with investors digesting the preliminary reading on Canadian GDP for the month of December, and looking ahead to the Federal Reserve's monetary policy announcement due later in the day.
The Canadian market is down marginally in late morning trades on Wednesday with investors digesting the preliminary reading on Canadian GDP for the month of December, and looking ahead to the Federal Reserve's monetary policy announcement due later in the day.
The Canadian market ended lower on Tuesday as hopes of an early rate cut by the central bank faded a bit after data showed an acceleration in the nation's consumer price inflation in the month of December.
The Canadian market ended lower on Tuesday as hopes of an early rate cut by the central bank faded a bit after data showed an acceleration in the nation's consumer price inflation in the month of December.
Despite paring some early gains, the Canadian market remains in positive territory a little past noon on Friday, thanks to sustained buying at several counters in energy and materials sectors.