Transportation, Retail and Markets Correspondent, Canada
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Aug 25, 2015

TSX soars more than 2.5 percent after Black Monday rout

TORONTO, Aug 25 (Reuters) – Canada’s main stock index was
headed for its biggest daily gain for the year on Tuesday,
jumping more than 2 percent after the Chinese government
announced an interest rate cut overnight following Monday’s
volatile global rout.

The 25-basis-point cut for the one-year benchmark lending
rate by the People’s Bank of China helped global markets to
rebound. Investors fretting over the global impact of slower
Chinese growth sparked panic selling around the world on Monday.

Aug 24, 2015

TSX pares earlier plunge, but still battered by global rout

TORONTO, Aug 24 (Reuters) – Canada’s main stock index was
severely battered on Monday, swept along by the global market
rout that saw a nearly 9-percent plunge in Chinese stocks and
sent commodity prices plunging.

A recent string of lackluster data out of China, one of the
world’s biggest economies and commodities consumers, have
ignited worries the country will spur a global economic
slowdown.

Aug 21, 2015

TSX sinks to lowest since Feb 2014 on global growth worry

TORONTO, Aug 21 (Reuters) – Canada’s main stock index sank
on Friday to its lowest in 1-1/2 years on persistently grim
global sentiment following more disappointing data out of China.

Global equity markets plummeted toward their worst week this
year while the beating in commodities continued as data out of
China showed manufacturing in the country was slowing at the
fastest pace since the financial crisis in 2009.

Aug 20, 2015

Rout continues as TSX plunges 2 percent to 2015 low

TORONTO, Aug 20 (Reuters) – Canada’s main stock index sank
more than 2 percent on Thursday, hitting the lowest level of the
year, as investor concern about prospects for global economic
growth continued to cast a pall over markets.

The TSX index suffered its ninth loss in 11 sessions, with
most of its main sectors giving up more than 1.5 percent. The
healthcare group lost nearly 5 percent.

Aug 20, 2015

Rout continues as TSX slides to 2015 low

TORONTO, Aug 20 (Reuters) – Canada’s main stock index sank
more than 1 percent on Thursday, hitting the lowest level of the
year, as investor concern about prospects for global economic
growth continued to cast a pall over markets.

The TSX index was on track for its ninth decline in 11
sessions, with most of its main sectors giving up 1 to 2 percent
by late morning.

Aug 19, 2015

TSX drops 1 percent, squeezed by financial, energy losses

TORONTO, Aug 19 (Reuters) – Canada’s main stock index fell
more than 1 percent on Wednesday with financial and energy
shares suffering heavy losses as oil prices sank on rising U.S.
inventories while concern about China’s economy continued to
rattle the market.

The index’s slide, its eighth in 10 sessions, tracked falls
on stock markets around the world. U.S. indexes were also down
by about 1 percent.

Aug 18, 2015

TSX drops as China market dive hits commodities prices

TORONTO, Aug 18 (Reuters) – Canada’s main stock index
dropped on Tuesday with most of its sectors under pressure as
market sentiment around the world took a hit from a 6 percent
plunge in Chinese shares, which helped push commodity prices to
multiyear lows.

China’s currency also weakened against the greenback,
sparking fears that a deeper devaluation of the yuan may lie
ahead.

Aug 17, 2015

C$ steady despite oil as upcoming Fed minutes, data eyed

TORONTO, Aug 17 (Reuters) – The Canadian dollar was little
changed against the greenback despite weaker crude prices on
Monday as investors paused following last week’s market
volatility ahead of some key domestic data later in the week.

U.S. light crude oil settled below $42 a barrel, pressured
in part by a stronger greenback and news that the economy
of Japan, the world’s No. 3 oil consumer, shrank in the second
quarter. China, another top oil consumer, also remained a drag.
Canada is a major oil producer.

Aug 14, 2015

TSX steady after volatile week; banks offset resource losses

TORONTO, Aug 14 (Reuters) – Canada’s main stock index was
steady on Friday, as investors took a pause following a volatile
trading week in which energy and mining stocks were severely
battered.

The index reversed some of Friday’s advances, however, as
energy stocks retreated from earlier gains. U.S. crude prices,
already flirting with 6-1/2 year lows, gave back nearly all of
their session gains to trade just above $42 a barrel.

Aug 13, 2015

TSX extends decline as resources fall, Canadian Tire profit misses

TORONTO, Aug 13 (Reuters) – Canada’s main stock index fell
for a third straight session on Thursday as weaker commodity
prices squeezed energy and mining shares but the drop was
cushioned by a Chinese central bank assurance that there was no
reason for the yuan to fall further.

This week’s devaluation of the Chinese currency had pulled
down commodity prices on concern that China would not be able to
import as much.

    • About Solarina

      "I am a Canadian transportation, retail and markets correspondent. I occasionally moonlight in entertainment and lifestyle news. I was formerly a homepage editor for Reuters.com, and an online news editor for Reuters.com, .co.uk and .ca. Life before Reuters included working in China and freelancing in California."
      Joined Reuters:
      2003
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