TSX Starts Week on Negative Note; Bank of Canada Decision, US NFP Data Awaited By Investing.com

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© Reuters.

By Ketki Saxena

Investing.com – The tracked Wall Street lower to start the week, as market sentiment remained cautious ahead of a slew of US economic data such as , that will test investors expectations of rate cuts by early next year.

Canadian investors meanwhile will await a decision by the on Wednesday, where the Canadian central bank is widely expected to keep rates on hold.

The commodity heavy Canadian index was also pressured by crude prices, as investors appeared underwhelmed by the latest OPEC+ decision on supply cuts.

Toronto Stock Market News

Nuvei (TSX:) Corp shares rose after the announcement of a partnership with Microsoft (NASDAQ:), in the Middle East and Africa. Microsoft will use Nuvei’s payments technology to optimize recurring billing and individual transactions for Office and Xbox customers. The companies stated they are open to exploring new markets and use cases.

Origin Energy Ltd….

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