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Mar 24, 2015

TSX climbs as energy, financial sectors gain

TORONTO, March 24 (Reuters) – Canada’s main stock index rose
on Tuesday as strength in energy and financial shares helped
offset sluggish economic data from China.

A private survey showed that China’s factory sector activity
fell to its lowest in 11 months in March.

Mar 23, 2015

TSX edges higher on strength in natural resources

TORONTO, March 23 (Reuters) – Canada’s main stock index
posted a small gain on Monday, helped by strength in natural
resource shares as they benefited from higher commodity prices.

Commodities have been boosted by weakness in the U.S. dollar
since a statement by the Federal Reserve last week that
signaled a softer view on raising U.S. interest rates than some
in the market had expected. Many commodities are priced in U.S.
dollars, and a weaker dollar makes them more affordable to
holders of other currencies.

Mar 23, 2015

Energy, mining shares push TSX higher

TORONTO, March 23 (Reuters) – Canada’s main stock index
advanced on Monday with shares of energy companies climbing on
higher oil prices and miners getting a lift from stronger copper
prices.

Commodity prices have been boosted by weakness in the U.S.
dollar since a statement by the U.S. Federal Reserve last week
that signaled a softer view on raising interest rates than some
in the market had expected. Many commodities are priced in U.S.
dollars, and a weaker dollar makes them more affordable to
holders of other currencies.

Mar 20, 2015

TSX advances as resource shares climb

TORONTO, March 20 (Reuters) – Canada’s main stock index
climbed on Friday as shares of oil producers and miners rose
with commodity prices, helping the index record a weekly gain.

Oil, copper and other commodity prices benefited from
weakness in the U.S. dollar, which has been choppy since the
U.S. Federal Reserve released a cautious policy statement on
Wednesday that signaled it was moving toward raising interest
rates but at a slower pace than some had expected.

Mar 20, 2015

TSX rises on jump in oil and metals prices

TORONTO, March 20 (Reuters) – A rise in commodity prices
pushed up Canada’s main stock index on Friday as shares of oil
producers and miners advanced, with the index looking to be on
track to end the week higher.

Oil, copper and other commodity prices benefited from
weakness in the U.S. dollar, which has been choppy since the
U.S. Federal Reserve released a cautious policy statement on
Wednesday that signaled it was moving toward raising interest
rates but at a slower pace than some had expected.

Mar 19, 2015

TSX declines as Fed rally reversed, oil shares drop

TORONTO, March 19 (Reuters) – Canada’s main stock index fell
on Thursday, reversing the previous session’s gain, as investors
digested comments from the U.S. Federal Reserve, while shares of
energy producers dropped with oil prices.

The U.S. central bank took a step towards raising interest
rates on Wednesday by removing the word “patient” from its
policy statement. But its move to downgrade its economic growth
and inflation projections signaled to investors that a rate hike
might not happen until later in the year, and that spurred a
stock market rally on Wednesday.

Mar 19, 2015

TSX slips on Fed signals, energy shares drop

TORONTO, March 19 (Reuters) – Canada’s main stock index fell
on Thursday as investors digested comments from the U.S. Federal
Reserve and shares of energy producers dropped with the price of
oil.

The U.S. central bank on Wednesday took a step towards
raising rates by removing the word “patient” from its policy
statement. But its move to downgrade its economic growth and
inflation projections signaled to investors that a rate hike
might not happen until later in the year.

Mar 18, 2015

TSX up after U.S. Fed comments ease market concerns

TORONTO, March 18 (Reuters) – Canada’s main stock index hit
its highest level in more than a week on Wednesday after the
U.S. Federal Reserve opened the door further to the possibility
of an interest rate increase.

The U.S. central bank’s comments were released after a
two-day policy meeting and were less hawkish than expected. The
bank provided more clarity about plans to raise interest rates,
but stopped short of saying when that could happen.

Mar 18, 2015

TSX declines as investors are cautious ahead of Fed

TORONTO, March 18 (Reuters) – Canada’s main stock index
slipped on Wednesday as investors were nervous ahead of Federal
Reserve comments expected to clarify the U.S. central bank’s
plans to raise interest rates.

The Fed is expected to release a statement this afternoon,
which will be followed by a press conference by Chair Janet
Yellen.

Mar 17, 2015

Oil-share bounce helps TSX edge higher ahead of Fed

TORONTO, March 17 (Reuters) – Canada’s main stock index rose
slightly on Tuesday, lifted by a small bounce-back in oil
producers, as investors anxiously awaited a U.S. Federal Reserve
statement on its policy outlook.

After being beaten down for months, energy shares rose,
shrugging off rising crude inventories that renewed worries
about a global supply glut and sent the price of U.S. crude to a
six-year low on Tuesday.