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CANADA STOCKS-TSX opens higher after inflation data boosts rate-cut bets
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CANADA STOCKS-TSX opens higher after inflation data boosts rate-cut bets
Jul 16, 2024 7:08 AM

July 16 (Reuters) - Canada's main stock index opened

higher on Tuesday after data showed domestic annual inflation

eased more than expected in June, boosting hopes for another

rate cut by the Bank of Canada.

At 9:30 a.m. ET (1330 GMT), the Toronto Stock Exchange's

S&P/TSX composite index was up 58.39 points, or 0.26%,

at 22,810.07 at open.

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