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2024-12-13 05:52:55
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Bank of Canada: Canada's economic growth in the fourth quarter seems weaker than expected. Bank of Canada: Canada's economic growth in the fourth quarter seems weaker than expected. The United States may impose new tariffs on Canadian products exported to the United States, increasing uncertainty and casting a shadow over the economic prospects. Consumer spending and household activities both picked up in the third quarter, indicating that lower interest rates began to boost household spending. The growth in the fourth quarter may be weaker than the 2% annualized level expected by the central bank, and the average inflation rate is expected to be close to 2% in the next few years.Yizi International's share price rose 3.8% at the opening, while Hershey's share price fell 5%.Duoduo (DUO.P) fell by 8.1%, and it is planned to raise $7 million through additional issuance.


Goldman Sachs raised the target price of several hotel chain stocks. Goldman Sachs raised the target price of Hilton Hotel from $247 to $277, Hyatt Hotels Group from $151 to $167, and Marriott from $280 to $314.U.S. Department of Justice: An insider of Dominion Bank was arrested for assisting in money laundering.Bank of America: In the third quarter, auto loans reached the highest level in eight years, and the financing demand for electric vehicles is growing.


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.Spot gold stood at $2,710 per ounce, up 0.63% in the day.After the announcement of the Bank of Canada's interest rate decision, USD/CAD fell 50 points to 1.4140.

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