Canadian Commentary

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Canadian stocks look set for a positive opening Wednesday, with better than expected Chinese growth data aiding sentiment. A slightly lower than expected rise in U.S. housing starts could cap market's gains. Higher gold and crude oil prices are likely to trigger some buying in materials and energy...

Canadian stocks extended gains for a second straight session to end higher Tuesday, on some mixed economic data from the U.S., even as the escalating tensions in eastern Ukraine limited gains. Investors continued to be cautious, looking ahead to more earnings and economic data due later this week. Despite...

Canadian stocks are giving back some gains after a solid start Tuesday, with investors turning a bit cautious and looking ahead to more earnings and economic data due later this week. Despite concerns about the unrest in Ukraine, weak commodity prices and a mixed batch of economic data from the U.S....

Canadian stocks look headed for a weak start Tuesday, with investors tracking a mixed batch of economic data from the Eurozone and earnings reports from the U.S. and Europe. With crude oil prices drifting lower on profit taking and investors looking ahead to Wednesday's official crude inventory data...

Canadian stocks snapped a two-day loss to end higher on Monday, tracking rising U.S. equity markets with strong buying in energy and materials sector. Investors reacted positively to some upbeat economic news from the U.S. with retail sales rising more than expected in March. Nonetheless, the gains...

Canadian stocks are bouncing back after a weak start Monday, aided by strong buying in energy, industrial and mining sectors. The market opened lower, with valuations concerns and weak Asian and European markets hurting sentiment. However, stocks rebounded in mid morning trade as gold and crude oil...

Canadian stocks look poised for a slightly negative start, tracking weak global markets. The unrest in Ukraine and possibilities of more U.S. sanctions on Russia are likely are also likely to weigh on the market. Energy stocks are likely to turn in a mixed performance as crude oil prices turned lower. Gold...

Canadian stocks ended lower for a second straight session Friday, tracking declining global equity markets with concerns over Chinese growth and just-released data showing a significant uptick in U.S. inflation. Uncertainty over the upcoming earnings season also generated some negative sentiment, with...

Canadian stocks are bouncing back after a weak start Friday, with a report showing a bigger than expected rise in U.S. consumer sentiment triggering some buying at lower levels. The market started off on a negative note, weighed down by worries about Chinese growth and a notable increase in U.S....

Canadian stocks look headed for a weak start Friday, tracking a sell-off in global markets. Worries about Chinese growth and just-released data showing a significant uptick in U.S. inflation could hit stocks for a second day in a row. On Thursday, the benchmark S&P/TSX Composite Index closed Thursday...

Canadian stocks ended sharply lower on Thursday, tracking plunging U.S. equity markets with almost all major sub-indices ending in negative territory. Investor concerns over the state of Chinese economy and fading hopes of some fresh stimulus from the Chinese government weighed on the market. China's...

Canadian stocks are lower Thursday with concerns about Chinese economy and slightly fading hopes about fresh stimulus from the Chinese government weighing on the market. Despite a significant drop in exports and imports, the Chinese Premier Li Keqiang has ruled out major stimulus to fight short-term...

Global cues point to a mixed start for Canadian stocks Thursday. The market will be reacting to U.S. jobless claims data and the report on U.S. import and export prices in early trade. Weak economic data from China may weigh on the market to an extent. However, easing concerns about a rate hike...

Canadian stocks ended higher on Wednesday, tracking rising global equity markets, as firm commodity prices helped push gold and oil shares up. Wall Street's positive reaction to U.S. aluminum major Alcoa's better than expected results aided sentiment. Nonetheless, concerns over the conflict in Ukraine...

Canadian stocks are moving higher Wednesday, extending previous session's gains on fairly strong global cues. Wall Street's positive reaction to U.S. aluminum major Alcoa's better than expected results is aiding sentiment. Although worries about the conflict in Ukraine weigh on sentiment to some extent,...