UPDATE 1-Investors dump Canadian stocks, bet on more rate cuts as oil slumps
Canada’s main stock index fell
on Monday by the most since Black Monday in 1987 and the loonie
hit a near-three-year low as a plunge in oil prices rattled
investors, with pressure rising on the Bank of Canada to cut
interest rates further.
on Monday by the most since Black Monday in 1987 and the loonie
hit a near-three-year low as a plunge in oil prices rattled
investors, with pressure rising on the Bank of Canada to cut
interest rates further.
Posted by Reuters
