Author name: Evelyn Gill

Equities in Canada mirrored the performance of their American cousins Thursday, on perception of clearer trade policy south of the border. The TSX Composite Index gained 92.88 points to close Thursday at 25,254.06. The Canadian dollar slid 0.43 cents at 71.85 cents U.S. In corporate news, Canadian Natural Resources beat analysts’ estimates for first-quarter profit,

Advertisment Stocks rose Thursday after President Donald Trump announced a trade deal framework between the U.S. and United Kingdom, the first major agreement hatched since the U.S. launched pre-emptive tariffs on most of the globe earlier this year. The Dow Jones Industrials hiked 254.72 points to 41,368.69. The S&P 500 index took on 32.67 points

– UK/US trade deal announcement at 10:00 am – Bank of England cuts rates by 25 bps, as expected – US dollar rallies across the board. USDCAD: open 1.3884, overnight range 1.3813-1.3890, close 1.3841, WTI 58.79, Gold 3331.59 The Canadian dollar outlook soured yesterday following the FOMC decision to not only leave rates unchanged (which