TSX Market Direction Outlook and Trade Ideas For Nov 10 2014

On Friday the Toronto Stock Exchange outlook was for stocks to rise. The US jobs numbers on Monday were down slightly from expectations and this helped to weaken the Canadian dollar. With the drop in the US dollar, resource stocks recovered some lost ground. This helps the TSX move ahead once more.

Unemployment News

The Canadian October unemployment report saw 43,000 jobs created which was far above estimates for job losses following a strong September report. Our unemployment rate declined to 6.5 percent which is a six year low.

The rest of this TSX market direction outlook article is for Canada Members.

TSX Market Direction Outlook for Nov 10 2014

FullyInformed Canada Members can login directly through this link to read the market direction outlook for the Toronto Stock Exchange for Nov 10 2014 or members can sign in to the full Canada members site here. Investors can join FullyInformed’s Canada section or read about the benefits of being a member through this link.

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