Toronto stock index GSPTSE rose 0.21% to 25,558.81.Macy's opened down 11%, the biggest drop since August 21st. On the news, the company lowered its profit forecast.Mackler, Governor of the Bank of Canada: As expected, the high housing inflation continued to ease, and the downward pressure of commodity prices on inflation eased.
US officials say that Russia may soon launch another hypersonic missile into Ukraine.Ukrainian President Zelensky: (On the conversation between Russian President Vladimir Putin and Hungarian Prime Minister Orban) You should not talk about the situation in Ukraine without Ukraine.Canadian Prime Minister Trudeau: The Bank of Canada's interest rate cut of 50 basis points is a correct step towards reducing the cost of living for Canadians.
Fitch: The progress of inflation decline seems to have ended. Brian Coulton, chief economist of Fitch, said that the decline of core commodity prices (the main force of inflation decline this year) seems to have ended. With the increase of automobile prices, the core commodity prices rose by 0.3% month-on-month. Service inflation is declining, but the rate of decline is very slow, because rent inflation is stubborn, and the service inflation is 4.6%, which is still far higher than the pre-epidemic level.Russian President Vladimir Putin: Russia must become the leader of artificial intelligence technology in the world.U.S. Department of Justice: An insider of Dominion Bank was arrested for assisting in money laundering.
Strategy guide
12-13
Strategy guide 12-13
Strategy guide
Strategy guide 12-13