“Stock markets in North America tumbled, crude oil prices took a drubbing and the Canadian dollar fell nearly a full cent Tuesday, signs that uncertainty about global economic growth and the United Kingdom’s decision to leave the European Union continue to confront investors.
The August contract for oil slid US$2.39 at US$46.60 per barrel. That likely drove down the commodity-sensitive loonie, which shed 0.95 of a U.S. cent, closing at 76.83 cents US.”
Image Source: Larry MacDougal / THE CANADIAN PRESS
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