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Canadian shares are turning in a mixed performance on Wednesday with investors reacting to a slew of quarterly earnings announcements, and looking for directional clues.
Canadian shares are likely to see a somewhat muted start on Wednesday, tracking slight weakness in European markets and lower commodity prices. Activity may remain a bit stock specific with quarterly earnings updates providing direction.
The Canadian Dollar (CAD) is giving back some of Friday’s gains after kicking off the trading week with a minor downstep into 1.3629 against the US Dollar (USD), and the Loonie heads into a data-light trading week.