Costs, rebates and margins
The strength of today’s economic data has caused a broad rally on Wall Street, with investors apparently shrugging off concerns that the Fed could taper sooner rather than later.
The Canadian dollar has weakened today despite signs of labour market improvement, as the currency continues to be hampered by worries over economic growth and low inflation.
There has been a sharp rebound on Wall Street today, reversing a five-day long downward trend, after upbeat economic data was embraced by investors.
A choppy reaction to US data has eventually seen gold head higher.
Heading into the close the FTSE 100 is up 40 points, looking to close around the 6540 level.
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