Bay Street Likely To Open On Subdued Note

Canadian shares may open on a subdued note Friday morning with investors looking for directional clues. Data on Canadian producer prices and retail sales, and U.S. business activity are likely to set the tone for the market.

Despite some hawkish comments from Fed officials, investors expect the U.S. central bank to lower interest rates twice before the end of this year.

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by RTTNews Staff Writer

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