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Market summary

10:23AM EDT

World markets

Shanghai 2,143.45 -15.84 (-0.73%)
Nikkei 225 13,245.22 +237.94 (1.83%)
Hang Seng Index 20,986.89 -238.99 (-1.13%)
TSEC 8,007.39 -3.63 (-0.05%)
FTSE 100 6,359.01 -15.20 (-0.24%)
EURO STOXX 50 2,696.23 -4.70 (-0.17%)
CAC 40 3,858.29 -2.26 (-0.06%)
S&P/ASX 200 4,861.40 +47.00 (0.98%)
BSE Sensex 19,245.70 +22.42 (0.12%)
KOSPI 1,888.31 -12.31 (-0.65%)

Currencies

CAD/USD 0.9804 +0.0001 (0.01%)
CAD/EUR 0.7322 +0.0008 (0.11%)
CAD/JPY 93.2059 -0.2163 (-0.23%)
CAD/GBP 0.6262 -0.0002 (-0.03%)
CAD/HKD 7.6040 -0.0015 (-0.02%)
CAD/AUD 1.0318 -0.0013 (-0.13%)
RBC raises growth forecast for Canada
TORONTO - Canada's growth outlook appears to be stronger than previously thought, thanks to an improving trade picture and the strength of corporate balance sheets, economists at the Royal Bank of Canada said Wednesday.
TD Economics expects global growth to pick up following slow start to 2013  
RBC takes more optimistic view of Canadian economy, raises growth forecast  
Market Chart
12,342.65 -24.81 (-0.20%)
926.56 -3.43 (-0.37%)
15,307.52 -10.71 (-0.07%)
1,650.77 -1.04 (-0.06%)

Top stories

Imperial Oil is closing its refinery in Eastrern Passage and converting it into a marine terminal. The company said it could not find a buyer for its facility to continue operating as a refinery.
Wind Mobile's foreign investors are dropping their bid to formalize control over the small Canadian carrier. The move by Vimpelcom Ltd.
NEW YORK--Stocks edged lower in early trading, as investors looked ahead to the afternoon's Federal Reserve policy announcement.
Statoil says it has discovered light, high-quality oil in the Flemish Pass basin 500 kilometres northeast of St. John's, raising hopes for an as-yet-untapped part of the Newfoundland offshore.
TORONTO - The Canadian dollar was slightly higher Wednesday ahead of the mid-afternoon release of the U.S. Federal Reserve's latest policy statement and economic projections.

Trends

Popular searches on GoogleChange Mkt Cap
BBD.B Bombardier, Inc. 0.66% 8.06B

Bank of Canada daily digest

Money markets Change
Overnight rate 1.01% +0.0051
Corporate paper, 1 month 1.12% 0.00
Treasury bill, 1 month 1.01% 0.00
Inflation
Total consumer price index 0.400% -0.6000
Interest rates
10 year bond 2.62% +0.0100
Prime business rate 3.00% 0.00
Conventional mortgage, 5 yrs 5.14% 0.00