Canadian Commentary

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Canadian stocks are likely to open on a somewhat sluggish note Wednesday, reacting to a mixed batch of U.S. economic data. With crude oil prices rather sluggish ahead of weekly inventory data and the forthcoming OPEC meet Thursday, energy stocks may turn in a mixed performance

Canadian stocks ended higher Tuesday, on some upbeat economic data from the U.S. with its gross domestic product increasing more than previously estimated in the third quarter. Nevertheless, the gains were limited as crude oil prices plummeted to drive energy stocks down, with U.S. consumer confidence...

Mining stocks led the Canadian market higher in early deals Tuesday day, as metal prices were lifted by upbeat economic news from Germany. Recent data has offered a glimmer of hope that the European economy is on the mend following a protracted dry spell. Revised estimates released by the German...

Canadian stocks are lower Monday morning, with investors taking some profits after six successive days of gains. Besides profit taking, weak sluggish commodity prices and results of a global business outlook survey from Markit Economics showing global business confidence to have dropped to a five-year...

Canadian stocks are likely to open higher Monday, extending gains to a seventh successive session, with last week's surprise interest rate cut in China and prospects of more stimulus from the European Central Bank aiding sentiment. A report showing an improvement in German business confidence in November...

Canadian stocks moved up for a sixth straight session to end at a near two-month high on Friday, driven by a surge in resource stocks as commodity prices spiked after a surprise Chinese interest rate cut and hopes of further stimulus from the European Central Bank. The People's Bank of China in an...

Canadian stocks are set for a sixth straight winning session Friday morning, led by surging metal stocks after a surprise Chinese interest rate cut and hopes of further stimulus from the European Central Bank. Investors are also digesting data showing an unexpected rise in Canadian consumer prices. According...

Canadian stocks look set to open higher Friday, extending gains to a sixth successive session, buoyed by a Chinese interest rate cut and hopes of further stimulus from the European Central Bank. Markets will assess an unexpected rise in Canadian consumer prices. According to Statistics Canada,...

Canadian stocks ended higher for a fifth day in a row Thursday, after some upbeat data from the U.S. helped record strong gains in the energy and gold sector, pushing the main index above the 15,000-mark to a 7-week high. Markets cheered some positive economic data from the U.S., with a Federal Reserve...

Canadian stocks are higher for a fifth day in a row Thursday, as strong gains in the energy sector pushed Toronto's benchmark index to a 7-week high above 15,000. Traders shrugged off news that Private sector growth in the eurozone slowed unexpectedly to a 16-month low in November, as new orders dropped...

Canadian stocks will look to extend a 4-day win streak Thursday, but gains may be muted amid lingering concerns about the global economy. Private sector growth in the eurozone slowed unexpectedly to a 16-month low in November, as new orders dropped for the first time since July 2013. The benchmark...

Canadian stocks ended a shade higher for a fourth straight session Wednesday, after release of the FOMC minutes and data from the U.S. that showed a decline in housing starts even as building permits rose. The Federal Reserve minutes showed some concerns about deflation in the world's largest economy...

Canadian stocks are lower Wednesday morning, retreating after three successive days of gains. The mood is cautious with investors looking ahead to the minutes from the U.S. Federal Reserve's October policy meeting, due at 2 pm ET. Gold and energy stocks are leading the declines, tracking weak...

Canadian stocks are likely to open higher, extending gains to a fourth successive session. However, the mood may be a bit cautious with investors looking ahead to the minutes from the U.S. Federal Reserve's October policy meeting, due at 2 pm ET. Markets are looking for clues about the timing of...

Canadian stocks ended at a seven-week high on Tuesday, led by a surge in gold stocks after some positive economic data from the U.S., even as news that Japan has deferred its sales tax hike proposal sent market sentiments soaring. The Japanese government's decision to postpone a planned sales tax...