Canada’s main stock index fell on Friday hurt by losses in the technology sector that mirrored its U.S. counterparts, while the domestic housing data spurred worries that the Bank of Canada may not cut interest rates soon.
The U.S. dollar edged lower in European trade Friday, but remained on course for a positive week, after hotter-than-expected U.S. inflation data ramped up fears of hawkish signals from the Federal Reserve next week.
Oil prices dipped on Friday, a day after Brent crude topped $85 a barrel for the first time since November, but prices were expected to finish over 3% higher for the week on expectations U.S. refiners will buy crude before summer driving season.
The investment bank estimates preliminary net sales of U.S. spot Bitcoin ETFs of ~$ $132 million on Thursday, March 14, the group’s 44th day of trading.
Apple agreed to pay $490 million to settle a class-action lawsuit that alleged Chief Executive Tim Cook defrauded shareholders by concealing falling demand for iPhones in China.
