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  • Australian Dollar Falls Against Majors June 05, 2026 04:27 ET

    The Australian dollar weakened against other major currencies in the Asian session on Friday. The Australian dollar fell to more than a 2-week low of 1.6340 against the euro and a 4-day low of 0.9885 against the Canadian dollar, from yesterday's closing values of 1.6340 and 0.9917, respectively....

  • Saputo Q4 Net Earnings From Cont. Opns Up, Revenues Down June 05, 2026 01:56 ET

    Saputo Inc. (SAP.TO) said on Friday that its net earnings from continuing operations rose in the fourth quarter, helped by higher adjusted EBITDA and lower restructuring costs. Revenues, however, fell 5.5 percent from the prior year. The Canadian dairy company reported fourth-quarter net earnings...

  • Canadian Stocks Surge As Optimism On End To Gulf Crisis Increases June 04, 2026 16:27 ET

    Reversing the slump from yesterday's session, Canadian stocks soared on Thursday amid rising expectations of de-escalation in the Middle East after Israel and Lebanon agreed to renew the ceasefire. Separately, the U.S. and Iran confirmed the continuation of peace talks to resolve hostilities.

  • TSX Up More Than 1% At Noon After Hitting New Record High June 04, 2026 12:08 ET

    The Canadian stock market's benchmark S&P/TSX Composite Index climbed to a new record high Thursday morning, rebounding strongly from previous session's setback. The mood in several markets across the globe turned a bit positive following Israel and Lebanon agreeing to renew their fragile ceasefire after days of intensified attacks in southern Lebanon.

  • Bay Street Seen Opening On Mixed Note June 04, 2026 08:14 ET

    Canadian stocks are likely to open on a mixed note Thursday morning with investors focusing geopolitical news. While news about Lebanon and Israel agreeing to implement ceasefire is likely to aid sentiment, concerns about the ongoing tensions in the Middle East due to strikes by U.S. and Iranian forces could hurt, forcing investors to stay cautious.

  • Euro Rises On Lebanon Ceasefire Agreement June 04, 2026 07:38 ET

    The euro strengthened against other major currencies in the European session on Thursday, as market sentiment improved following the announcement of a truce in Lebanon, despite the release of weak Eurozone retail sales report. Israel and Lebanon agreed to implement a ceasefire. Lower oil prices...

  • Euro Rises Against Majors June 04, 2026 06:57 ET

    The euro strengthened against other major currencies in the European session on Thursday. The euro rose to a 4-day high of 0.8656 against the pound, from an early low of 0.8642. Against the U.S. dollar, the Swiss franc and the yen, the euro advanced to 1.1631, 0.9191 and 185.96 from early lows...

  • Canadian Dollar Falls As Middle East War Intensifies June 04, 2026 06:19 ET

    The Canadian dollar weakened against other major currencies in the European session on Thursday, as investor mood was negatively impacted by the escalation of international trade and the conflicts in the Middle East. New attacks in the Middle East stalled the signing of a U.S.-Iran peace agreement,...

  • Canadian Dollar Falls Against Majors June 04, 2026 04:19 ET

    The Canadian dollar weakened against other major currencies in the late Asian session on Thursday. The Canadian dollar fell to a 2-month low of 1.3921 against the U.S. dollar, nearly a 2-week low of 114.85 against the yen and nearly a 2-month low of 1.6155 against the euro, from 1.3987, 115.14 and...

  • Canadian Stocks Tumble As U.S.-Iran Deal Delayed Amid Fresh Middle East Escalation June 03, 2026 16:26 ET

    Canadian stocks slumped on Wednesday, partially offsetting the gains from yesterday's session after new attacks in the Middle East stalled the signing of a U.S.-Iran peace agreement, delaying the reopening of the Strait of Hormuz.

  • Canadian Market Retreats From Record High; Energy, Tech Stocks Lose Ground June 03, 2026 11:45 ET

    The Canadian market is down firmly in negative territory on Wednesday, weighed down by concerns about tensions in the Middle East, and largely contrasting reports about peace talks between the U.S. and Iran.

  • Yen Rises After Japan PM Takaichi's Intervention Warning June 03, 2026 08:15 ET

    The Japanese yen strengthened against other major currencies in the European session on Wednesday, after Japanese Prime Minister Sanae Takaichi issued a warning that the government might intervene in the foreign exchange market at any time. Although it is yet unclear whether the Bank of Japan (BoJ)...

  • Bay Street Likely To Open On Subdued Note June 03, 2026 08:14 ET

    Canadian stocks are likely to open on a somewhat subdued note on Wednesday amid concerns about rising tensions in the Middle East.

  • Yen Rises Against Majors June 03, 2026 06:43 ET

    The Japanese yen strengthened against other major currencies in the European session on Wednesday. The yen rose to 6-day highs of 185.11 against the euro, 201.98 against the Swiss franc and 115.05 against the Canadian dollar, from early lows of 186.01, 203.05 and 115.58, respectively. Against...

  • NZ Dollar Falls Against Majors June 03, 2026 01:41 ET

    The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday. The NZ dollar fell to a 6-day low of 0.5911 against the U.S. dollar, from Tuesday's closing value of 0.5921. Against the yen, the euro and the Australian dollar, the kiwi slid to 94.51, 1.9667 and...

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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