Home / Royal Mail / Canadian Stocks Rise as Oil Retreats; Royal Bank, RIM Gain (Bloomberg.com)

Canadian Stocks Rise as Oil Retreats; Royal Bank, RIM Gain (Bloomberg.com)

June 13 (Bloomberg) — Canadian stocks snapped a five-day slump as Royal Bank of Canada led a rally in finance shares, after a drop in oil lessened concern that rising inflation from commodities will cause central banks to raise borrowing costs.

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