Canada’s main stock index falls slightly after two-day break, U.S. markets mixed

Canada’s main stock index falls slightly after two-day break, U.S. markets mixed

January 2, 2020

“You’re having a ‘melt up’ in financial markets to end the year,” said Karl Schamotta, chief market strategist at Cambridge Global Payments.

“The idea we’re looking at a temporary resolution in the U.S.-China trade war, combined with monetary stimulus coming from major central banks, combined with some cooling of tensions between the U.K. and the EU, are all combining to send equity markets soaring upward and risk assets more generally.”

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For further information, please contact Cambridge Global Payments

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