RBC stock nudges up — what to watch before earnings and the next Bank of Canada call
Royal Bank of Canada shares closed up 0.69% at C$232.72 in Toronto on Friday, outperforming other Canadian financials. Investors are awaiting RBC’s Feb. 26 results and guidance as Bank of Canada rate expectations remain uncertain. Canada lost 24,800 jobs in January, but the unemployment rate fell to 6.5%. Governor Tiff Macklem warned Thursday that the economic transition will take years.