TSX falls as commodity stocks weigh

, fell 1.5% each, as metal and crude prices slid over the dollar's strengthening and investors reckoned that China's recent easing of some COVID-19 curbs might not be enough to boost demand.

Month-on-month consumer prices rose in October and now traders are looking to producer prices data, due on Friday, for cues on how it would alter the Bank of Canada's rate hiking path. "I think they're still on track for another hike," said Greg Taylor, portfolio manager at Purpose Investments. "The data hasn't done enough to derail them from their plan and I think that's a good thing given high inflation,"Among stocks, TC Energy

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This is the chart that is rattling U.S. financial markets ThursdaySt. Louis Fed President James Bullard put the 'sufficiently restrictive zone' for the fed-funds rate at between 5% and 7%, up from the current range of between 3.75% to 4%, according to a chart he presented. Very suspicious 🤨 This Sh!thead Just beating his chest saying “I told you so”. Look at the TIPS market Bullard if you want projections on future inflation!!!!!
Source: MarketWatch - 🏆 3. / 97 Read more »