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Market summary

9:44AM 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 6,337.74 -36.47 (-0.57%)
EURO STOXX 50 2,687.74 -13.19 (-0.49%)
CAC 40 3,843.94 -16.61 (-0.43%)
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 0.9810 +0.0007 (0.07%)
CAD/EUR 0.7323 +0.0009 (0.13%)
CAD/JPY 93.1921 -0.2301 (-0.25%)
CAD/GBP 0.6262 -0.0002 (-0.03%)
CAD/HKD 7.6087 +0.0032 (0.04%)
CAD/AUD 1.0316 -0.0015 (-0.14%)
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.
RBC takes more optimistic view of Canadian economy, raises growth forecast  
TD Economics expects global growth to pick up following slow start to 2013  
Market Chart
12,344.25 -23.21 (-0.19%)
928.82 -1.17 (-0.13%)
15,286.21 -32.02 (-0.21%)
1,648.72 -3.09 (-0.19%)

Top stories

By Wanfeng Zhou. NEW YORK | Wed Jun 19, 2013 9:48am EDT. NEW YORK (Reuters) - The dollar was steady against major currencies on Wednesday, with markets in a holding pattern ahead of a Federal Reserve policy announcement and news ...
Valeant Pharmaceuticals International Inc. said it raised about $2 billion in an offering of common shares priced at $85 a share. The drug maker will use the proceeds to help fund its planned $8.7 billion acquisition of global eye-care company Bausch & Lomb ...
The following is the text of Canada's wholesale trade report for April from Statistics Canada. Wholesale sales rose 0.2% in April to $49.0 billion, mainly as a result of higher sales in the computer and communications equipment and supplies industry.
Verizon Communications Inc. confirmed on Tuesday that it is considering an entry into Canada's $19-billion wireless market in the wake of a report earlier this week by The Globe and Mail.
OTTAWA (Reuters) - Canada's net foreign debt dropped almost 25 percent in the first quarter of 2013 as higher foreign stock markets boosted the value of Canadian assets abroad, Statistics Canada said on Wednesday.

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