RBC stock price holds near highs — what to watch before Canada inflation and the BoC
Royal Bank of Canada shares closed at C$235.42 in Toronto Friday, up 0.03%, with about 3.4 million shares traded. The Canadian dollar hit a six-week low as the 10-year yield rose and oil prices climbed. Canada’s December CPI report is due Monday, ahead of the Bank of Canada’s rate decision on Jan. 28. RBC will pay its next dividend Feb. 24, with earnings set for Feb. 26.