TSX to Open Flat, Commodities Could Weigh

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The Canadian benchmark index is expected to open a little changed on Friday, tracking stock futures, with weak commodity prices weighing on resource stocks. June futures on the S&P TSX index were up 0.01% in recent trading.

The yellow metal was down 0.58% at US$1,309.20 an ounce, while oil fell 0.16% to US$103.02 a barrel.

Investors are also digesting the latest inflation data, showing the Canadian annual inflation in June edged up to a 28-month high of 2.4%, exceeding the Bank of Canada's 2% target.




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This article appears in: Investing , Commodities

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