(Reuters) - Futures tracking Canada's main stock index fell on Friday as oil prices declined, while traders awaited producer prices data due later in ...
- Futures tracking Canada's main stock index fell on Friday as oil prices declined, while traders awaited producer prices data due later in the day for cues on the central bank's interest rate path.Oil prices slipped and were set to snap a seven-week winning streak on concerns about China's slowing economic growth and the possibility of more U.S. interest rate hikes. [O/R]
Embattled developer China Evergrande Group has filed for bankruptcy protection in a U.S. court, as anxiety grows over the country's worsening property crisis and a weakening economy. Wall Street futures also slipped on Friday over worries about likely higher-for-longer interest rates. [.N]
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