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Market summary

10:04AM 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 6,349.18 -25.03 (-0.39%)
EURO STOXX 50 2,688.00 -12.93 (-0.48%)
CAC 40 3,845.57 -14.98 (-0.39%)
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.
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
12,339.13 -28.33 (-0.23%)
926.99 -3.00 (-0.32%)
15,300.03 -18.20 (-0.12%)
1,650.37 -1.44 (-0.09%)

Top stories

HALIFAX - The Imperial Oil refinery in Halifax is being converted into a terminal operation. The company says in a news release today that it couldn't find a buyer for the facility after searching for a year.
NEW YORK--Stocks opened slightly lower, as investors looked ahead to the afternoon's Federal Reserve policy announcement. The Dow Jones Industrial Average slipped 11 points, or 0.1%, to 15397.
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.
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.
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.

Trends

Popular searches on GoogleChange Mkt Cap
BBD.B Bombardier, Inc. 1.32% 8.11B

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