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Market summary

10:16AM 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 6,361.16 -13.05 (-0.20%)
EURO STOXX 50 2,689.59 -11.34 (-0.42%)
CAC 40 3,847.67 -12.88 (-0.33%)
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
12,342.62 -24.84 (-0.20%)
926.61 -3.38 (-0.36%)
15,311.13 -7.10 (-0.05%)
1,650.94 -0.87 (-0.05%)

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.
TORONTO -- The Toronto stock market was lower Wednesday as traders hoped the U.S. Federal Reserve will shed some light on what it intends to do about curbing some of its economic stimulus.
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.
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. 0.44% 8.04B

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