09-11-2016 19:33 via news.yahoo.com

Canada currency pares losses, stocks climb after Trump win

By Alastair Sharp TORONTO (Reuters) - Canada's currency pared some of its overnight losses while shares of energy producers and gold miners pushed its stock market up 1 percent as investors saw a Donald Trump presidency favoring the oil sector and potentially stoking inflation. Some financial players also talked about increased prospects of a Bank of Canada rate cut to underpin growth which might be threatened by Trump's stance on trade, though the implied probability of near-term move held arou
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