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Canada Holds Steady: Interest Rate Pause Signals Cautious Confidence

                      The Bank of Canada also held its policy rate at its last scheduled rate announcement in December. The Bank of Canada has opted to keep its key interest rate at 2.25% , a move that underscores a careful balancing act as the country approaches a pivotal moment in North American trade relations. With CUSMA (the Canada‑United States‑Mexico Agreement) negotiations on the horizon, policymakers appear intent on maintaining stability while assessing potential economic turbulence. The decision reflects a mix of optimism and prudence. Inflation has been easing gradually, giving the central bank some breathing room. At the same time, global economic uncertainty and the high stakes of upcoming trade talks mean officials are reluctant to introduce new variables into the financial system. By holding the rate steady, the Bank of Canada signals confidence in the economy’s underlying resilience while acknowledgin...
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Tech Titans Propel Wall Street to a Promising Start

Wall Street is poised for a robust opening today, fueled by stellar performances from tech giants Microsoft and Meta. Both companies exceeded market expectations with their quarterly results, signaling resilience in the technology sector.

Microsoft's shares surged by 8.5% in premarket trading, driven by stronger-than-expected growth forecasts for its cloud-computing business, Azure. Meanwhile, Meta Platforms saw a 6.5% rise, thanks to impressive advertising revenue that outpaced predictions.

These results have provided a much-needed boost to investor confidence amidst ongoing economic uncertainties, including fluctuating U.S. tariff policies and a contracting economy. The positive momentum from these tech heavyweights sets an optimistic tone for the trading day ahead. 


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