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Canadian Commentary

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Canadian stocks fell sharply Tuesday, with resource producers saddled by a downturn in commodities. The S&P/TSX Composite Index was down 157.95 points, or 1.14 percent, to 13,707.68, extending Monday's retreat. OPEC nations and Russia are expected to keep pumping vast amounts of oil in order to...

The Canadian stock market is down sharply Tuesday morning, adding to the losses of the previous session. Mining stocks are selling off sharply in early trade, following the release of some disappointing Chinese manufacturing data. Energy and gold stocks are also pulling back as commodity prices continue...

Early signals are pointing to a rough open for Bay Street Tuesday morning amid weaker commodities and concerns about the Canadian market overheating. Stocks rose sharply along with crude oil and metal prices last month, but the rally has lost steam over the past week. On Monday, the S&P/TSX Composite...

The Canadian stock market is losing ground at the start of the new trading week. Commodity prices are slipping in early trade and gold prices have pared their gains after hitting $1300 an ounce. Crude oil prices are heading lower after a report showed OPEC countries are still producing oil at a record...

Early signals are mixed for Canadian stocks after three consecutive monthly gains for Toronto's main index. Rising commodity prices and optimism for Canadian economy have help stocks power sharply higher in recent weeks. At the same time, the loonie has surged against the U.S. dollar. The S&P/TSX...

Canadian stocks rose Friday, with metal stocks surging on the rally in commodity prices. Gold jumped to a 15-month high, silver futures continued to soar, and crude oil prices jumped above $46 a barrel after a 20% monthly gain. The loonie was at 80 cents US, the best in 2016. The S&P/TSX Composite...

The Canadian stock market is up in early trade Friday, after ending yesterday's session nearly unchanged. Mining stocks are leading the way higher and gold stocks are also a source of strength as gold and silver prices continue to head higher. Gold is also benefitting from its safe haven appeal, as investors...

Canadian stocks may rise along with commodity prices Friday morning. Crude oil surged to a new yearly high approaching $47 a barrel, a potential boon for Canada's energy sector. Gold and silver prices also continued to surge. Imperial Oil Ltd. (IMO.TO) on Friday reported a first-quarter loss...

The Canadian stock market opened lower Thursday morning after the Bank of Japan shocked investors by refraining from further stimulus measures. However, the Canadian market has been steadily paring those early losses and has battled its way into positive territory. Mining stocks are leading the way,...

Canadian stocks may struggle Thursday morning amid a deluge of corporate news, including a huge deal for struggling plane maker Bombardier. The Bank of Japan rattled markets in Asia and Europe overnight by failing to announce new stimulus measures, but steady commodity prices should keep the Canadian...

Canadian stocks rallied Wednesday, helped by surging crude oil prices and continued support from the U.S. Federal Reserve. The Federal Open Market Committee (FOMC) left its benchmark interest rate unchanged in a range of 0.25% to 0.50%, as concerns about the slowing U.S. economy offset diminished...

The Canadian stock market is climbing in early trade Wednesday, adding to the modest gains of the previous session. The continued strength in the commodities market is providing a boost to the Canadian market in early trade. Crude oil prices have risen to nearly $45 a barrel this morning. Markets...

Early signals are mixed for Canadian stocks Wednesday, as rising oil prices may provide another boost to the energy sector. Asian stocks stumbled overnight, but European shares were higher and U.S. futures are pointing to a lackluster start on Wall Street. Crude oil surged toward $45 a barrel after...

Canadian stocks were mixed Tuesday, as gains in the oil and mining sectors offset weaker industrials. Investors sifted through a pile of corporate earnings while keeping a close eye on rising crude oil prices. The S&P/TSX Composite Index rose 13.45 points, or 0.10 percent, to 13,089.44, as traders...

The Canadian stock market is climbing in early trade Tuesday, as it attempts to bounce back from yesterday's pullback. Energy stocks are leading the way higher this morning, as crude oil prices head higher. Investors continue to sift through a large number of corporate earnings results from around the...

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