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Investors look to probabilities of interest rate hikes, further oil price slides

TORONTO — The coming week will likely be a volatile one on North American markets as traders weigh the timing of interest rate hikes by the U.S. Federal Reserve and the possibility of another big correction in oil prices. The Fed will be the major focus of the week as the central bank holds its …

Traders look to housing, jobs data for clues about central bank rate intentions

TORONTO — Canadian investors could get some idea of the direction of interest rates this week amid the latest readings on housing starts, home prices and job creation. Last week, U.S. employment data for February came in much stronger than expected with a gain of 295,000 jobs for the month. But the showing raised concerns …

Toronto stock market advances amid mixed economic data, strong earnings reports

TORONTO — The Toronto stock market was higher Thursday amid mixed economic news from overseas and solid earnings reports. The S&P/TSX composite index gained 91.76 points to 15,174.6. The Canadian dollar was down 0.35 of a U.S. cent to 80.19 cents. New York indexes were positive with traders set to digest the U.S. government’s employment …

Toronto stock market heads for higher open as oil prices continue to rally

TORONTO — The Toronto stock market headed for a sharply higher open Tuesday as a strong rally in oil prices extended to a third day, with cutbacks by major producers raising hopes that crude prices have hit a bottom and some recovery may be in sight. The Canadian dollar was little changed, down 0.02 of …

Toronto stock market heads higher amid positive earnings news, rising oil

TORONTO — The Toronto stock market market was higher Thursday amid positive earnings reports from Facebook, Potash Corporation of Saskatchewan and automaker Ford. The S&P/TSX composite index rose 61.1 points to 14,663.98. The Canadian dollar lost more ground in the wake of Wednesday’s announcement from the Federal Reserve that left markets with the impression that …

Loonie rises after five losing sessions, traders look to GDP data, Fed meeting

TORONTO — The Canadian dollar was higher Tuesday following a series of sharp declines as traders looked to see how the Canadian economy performed during November. The loonie was up 0.03 of a cent to 80.26 cents US following five, straight sessions of declines that have left the loonie as the worst performing currency, down …

Canadian dollar little changed, traders look to jobs data, rising oil prices

TORONTO — The Canadian dollar was little changed Thursday amid flat oil prices and hopes for strong job creation data from the United States and Canada. The loonie was up 0.01 of a cent to 84.61 cents US. Oil prices were stable after data from the U.S. Energy Information Administration showed that U.S. crude inventories …

Loonie declines as oil prices weaken, greenback strengthens on Greek concerns

The Canadian dollar moved lower Monday while the greenback advanced amid another round of worry connected with elections in Greece later this month. The loonie was also depressed by falling oil prices and declined 0.15 of a cent to 84.87 cents US, the lowest since May 2009. The U.S. currency strengthened and the euro fell …

Toronto stock market closes little changed, ends 2014 with 7% advance

TORONTO — The Toronto stock market closed little changed Wednesday, leaving the TSX with a respectable gain for the year, even as oil prices resumed their decline amid weak Chinese manufacturing data. The S&P/TSX composite index finished the session 7.6 points lower at 14,632.44, meaning the TSX ended 2014 with a gain of seven per …

Traders look to health of U.S. economy, possibility of oil production cut

TORONTO — The Toronto stock market could be in for a seventh-straight week of gains as investors take comfort from moves by the Chinese government to boost its economy and look ahead to the latest readings on American and Canadian economic growth. Oil prices could also find some direction from Thursday’s meeting of oil ministers …