Cents: Canadian Dollar and Earnings Data

cents: The Canadian dollar traded up at 76.49 cents US compared with an average of 76.45 cents US on Friday, according to The Toronto Star. Darren Calabrese / THE CANADIAN PRESS With an absence of that worrisome news, markets have been a little bit more focused on the economics and earnings data, which is largely supportive of stocks moving higher, he said in an interview. Equity markets on both sides of the border saw minor gains, partly a reflection of an absence of any news about trade or tariffs between China and the United States that allowed markets to follow their natural inclination to grind a little higher, said Craig Fehr, Canadian markets strategist for Edward Jones. The S&P/TSX composite index was up 7.32 points at 16,331.03, lead by pot producers Aurora Cannabis Inc., which closed up 17.08 per cent, Canopy Growth Corp., up almost 11 per cent and Aphria Inc., up 7.47 per cent. Article Continued Below Fehr said he expects the high volatility will continue. Cannabis stocks have been extremely volatile, performing very well over the past couple of years and bouncing back after some recent weakness. (news.financializer.com). As reported in the news.

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