India, Aug. 17 -- Canadian stocks are likely to open mixed on Monday with investors digesting the nation's inflation data and the trend in the commodity markets. Worries about the ongoing U.S.-Iran conflict may continue to weigh on sentiment.
With top Canadian banks set to report their quarterly earnings this week, the mood is likely to remain cautious.
Data from Statistics Canada showed the inflation Rate in Canada increased to 3% in July (year-on-year) from 2.8% in June. The Consumer Price Index in Canada increased 0.5% in July over the previous month.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....