Listen Live
Listen Live
Listen Live

MID-DAY: Loonie bounces up and down on trade war fears and BoC interest rate decision

The Loonie is attempting to regain ground again as the BoC keeps interest rates the same.
The Bank of Canada announced this morning, it would keep the interest rate at 1.5 per cent, but future rate hikes are on the horizon as inflation goes up. Experts suggest the next hike could come in October.

The Loonie is falling again to 75.80 cents US in what has been a volatile morning for the Canadian currency.

Meanwhile, the TSX is plummeting as investors fret over trade tensions, falling 75 points to 16,085.

Across the border as the Dow is down slightly to 25,951.

Chrystia Freeland is back in Washington talking NAFTA with her counterpart, with reports suggesting a deal needs to be done by the end of the month.

Oil continues to slide to 68.98 a barrel.

Continue Reading

ckbx Now playing play

cffm Now playing play

ckcq Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Cariboo can expect a seasonal normal cooler temperatures and rain in first week of November

Envrionment Canada's forecast is predicting cloudy days with some rain during the first week of the new month with cooler nights. But meteorologists say that that's the seasonal norms for November in the Cariboo.

MLAs and stakeholders trying to find a way to revitalize railway corridor

MLAs across the province's regions met for a round table during September's UBCM conference in Victoria to gather ideas on a potential revitalization of the rail corridor between Squamish and 100 Mile House. There is another meeting set for November 26.

Clocks “fall back” an hour this weekend as daylight time ends

Clocks are set to “fall back” across much of Canada this weekend, as daylight time ends at 2 a.m. on Sunday, Nov. 2. The post Clocks “fall back” an hour this weekend as daylight time ends appeared first on AM 1150.

KIJHL Weeks 5 & 6: Quesnel wins one while away; Mustangs clean sweep; and the Wranglers tumble again

Week 5 and 6 in the KIJHL have wrapped up. Here is how the games played out.

Investigation underway into the death of a Quesnel man

 The Independent Investigations Office of B.C. (IIO) is looking into the death of a Quesnel man.
- Advertisement -