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  • Bay Street May Open With Positive Bias May 05, 2026 08:56 ET

    Higher Canadian and U.S. futures and firm metal prices point to a positive start on Bay Street Tuesday morning. Energy stocks may struggle a bit on weak oil prices. The focus will be on corporate earnings updates.

  • Shopify Inc Q1 26 Earnings Conference Call At 8:30 AM ET May 05, 2026 07:30 ET

    Shopify Inc (SHOP) will host a conference call at 8:30 AM ET on May 5, 2026, to discuss Q1 26 earnings results. To access the live webcast, log on to https://www.shopify.com/investors/quarterly-results/webcast/q1-2026

  • Shopify Q1 Net Loss Narrows, Stock Down In Pre-Market May 05, 2026 07:27 ET

    Tuesday, Shopify Inc. (SHOP) announced first-quarter financial results, reporting a net loss of $581 million, compared to last year's $682 million. Total revenues increased to $3,170 million from $2,360 million in the previous year. GMV for the quarter stood at $100,743 million compared to $74,750...

  • Australian Dollar Falls Despite RBA Rate Hike May 05, 2026 04:49 ET

    The Australian dollar retreated from recent highs against other major currencies in the Asian session on Tuesday, despite the Reserve Bank of Australia raised its key interest rate by a quarter-point as risks to inflation remain tilted to the upside. The policy board, governed by Michele Bullock,...

  • Australian Dollar Falls Against Majors May 05, 2026 03:20 ET

    The Australian dollar retreated from recent highs against other major currencies in the Asian session on Tuesday. The Australian dollar fell to a 1-week low of 1.2155 against the NZ dollar and a 6-day low of 0.9723 against the Canadian dollar, from early highs of 1.2220 and 0.9768, respectively....

  • Canadian Stocks Slide As Strait Of Hormuz Crisis Escalates May 04, 2026 16:29 ET

    Canadian stocks moved lower on Monday as investors refrained from big bets after the U.S. and Iran pushed to re-assert control over the Strait of Hormuz. The intensifying conflict pushed oil prices and inflationary concerns higher once again.

  • Canadian Market Slips As Middle East Tensions Weigh May 04, 2026 13:36 ET

    The Canadian market remains firmly down in negative territory Monday afternoon, weighed down by losses in consumer staples, consumer discretionary, materials and industrials sectors. Energy stocks are up, rising on firm oil prices.

  • Bay Street Likely To Open On Negative Note May 04, 2026 08:32 ET

    Canadian stocks look headed for a weak start Monday morning as higher oil prices amid Middle East tensions, and U.S. President Donald Trump's fresh threat on European cars and trucks are likely to weigh on sentiment.

  • AbbVie's SKYRIZI Secures Listing On Ontario And Alberta Formularies For UC Treatment May 04, 2026 08:09 ET

    Monday, AbbVie Inc. (ABBV) announced that SKYRIZI has been listed for the treatment of moderately to severely active ulcerative colitis on the public drug formularies in Ontario and Alberta. Additionally, Canada's Drug Agency has recommended SKYRIZI to be reimbursed with conditions by public drug...

  • Mayfair Gold Corp Names Drew Anwyll CEO With Immediate Effect May 04, 2026 06:11 ET

    Mayfair Gold Corp. (MEGCF, MFG.V), a Canadian gold exploration company, Monday said that it has appointed Drew Anwyll as Chief Executive Officer, effective immediately. He previously served as Chief Operating Officer. The current CEO, Nick Campbell, will step down and leave the company, it added. According...

  • Canadian Dollar Falls As Crude Oil Prices Slide May 04, 2026 05:32 ET

    The Canadian dollar weakened against other major currencies in the Asian session on Monday, as the decline in crude oil prices following the commencement of Operation Freedom by President Trump. Traders remain cautious amid the uncertainty prevailing around the peace proposal to end the Middle East...

  • Canadian Dollar Falls Against Majors May 04, 2026 04:58 ET

    The Canadian dollar weakened against other major currencies in the Asian session on Monday. The Canadian dollar fell to 4-day lows of 1.3608 against U.S. dollar and 0.9810 against the Australian dollar, from Friday's closing quotes of 1.3594 and 0.9789, respectively. Against the yen and the euro,...

  • Canadian Stocks Slip As Iran Submits Fresh Peace Proposal Amid Strait Of Hormuz Closure May 01, 2026 16:31 ET

    Canadian stocks ticked lower on Friday amid the ongoing Strait of Hormuz blockade, while reports indicating that Iran has sent a fresh peace proposal to the U.S. to end the gulf war limited the losses.

  • Bring Me The Horizon Announce 2026 North American Tour Dates May 01, 2026 15:01 ET

    BRIT and Grammy-nominated, multi-platinum-selling band Bring Me The Horizon have announced they will embark on a 2026 North American headlining tour.

  • Canadian Stocks Turning In Mixed Performance May 01, 2026 13:48 ET

    Canadian stocks are turning in a mixed performance in largely cautious moves by investors amid lingering concerns about the ongoing conflict in the Middle East.

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

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