Canadian Commentary


The Canadian stock market ended on a firm note on Friday, with investors picking up shares amid optimism about U.S.-China trade talks and on rising crude oil prices.

The Canadian stock market is notably higher Friday morning, extending gains to an eleventh straight session, on positive global cues.

Canadian shares look headed for a solid start on Friday, tracking gains in Asian and European markets amid easing worries about U.S.-China trade disputes.

The Canadian stock market shrugged off a weak start and moved higher on Thursday, extending its winning streak to a tenth session, riding on reports the U.S. is considering lifting tariffs on Chinese goods.

After opening on a negative note on weak global cues and falling crude oil prices, the Canadian stock market rebounded on support at lower levels in mid morning trades on Thursday.

Lower futures and crude oil prices and weakness in European markets amid renewed worries about U.S.-China trade tensions point to a lower opening for Canadian shares on Thursday.

The Canadian stock market ended on a positive note on Wednesday, extending gains to a ninth successive session, led by gains in bank shares after major U.S. banks reported solid quarterly earnings.

After opening on a firm note despite weak crude oil prices, the Canadian stock market pared a significant portion of gains Wednesday morning, with weak crude oil prices and worries about global economic growth weighing on sentiment.

Canadian shares look headed for a somewhat sluggish start on Wednesday, tracking lower index futures and crude oil prices.

After a somewhat listless start, the Canadian stock market gained in strength as the day progressed and ended on a firm note on Tuesday, extending gains to an eighth successive session.

The Canadian stock market is modestly higher Tuesday morning after a somewhat listless start. Energy, information technology and healthcare shares are leading the market up.

Bay Street is likely to open on a cautious note with traders tracking news about Brexit vote and quarterly earnings reports from U.S. and Canada. Higher crude oil prices may trigger buying in the energy space.

After opening weak and struggling for support till noon, the Canadian stock market moved higher on Monday, led by gains in healthcare and industrial shares.

Canadian shares are swinging between gains and losses Monday morning, with traders largely staying cautious amid renewed worries about the outlook for global economic growth.

Canadian shares may open lower on Monday, tracking weakness in global markets amid renewed worries about growth after data showed an unexpected contraction in China's trade in the month of December.

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