Canadian equities rise Wednesday, as strength in the metals mining and financial sectors help lift Toronto’s benchmark stock index higher for a second-straight session.
Gold futures remain higher but pare gains, as traders gauge the prospects of further quantitative easing by the Federal Reserve. Prices find some support as downbeat U.S. data drive safe-haven demand for the metal.
There are more factors lining up, believe it or not, from Europe, that are pointing toward more upside for the markets, as the worst-case scenarios get taken off the table.
A view from Japan on why QE has not been and will not be successful...read more