Canadian Commentary

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Canadian stocks are lower Thursday morning, weighed by weak commodity prices and some disappointing corporate earnings reports. Gold prices tumbled amid upbeat U.S. GDP figures this morning, triggering heavy selling in bullion miners. Meanwhile, the U.S. initial jobless claims unexpectedly increased...

Canadian stocks are likely to open lower Thursday, weighed by weak commodity prices. A mixed batch of U.S. economic data could render price movements a bit sluggish at times. While initial U.S. jobless claims unexpectedly rose last week, GDP rose more than expected in the second quarter. Energy...

Canadian stocks ended lower on Wednesday, driven mostly by gold stocks after the U.S. Federal Reserve ended its quantitative easing program while appearing upbeat over the economy, a cue interest rate hike may come sooner than markets anticipate. The U.S. Federal Reserve on Wednesday announced its...

Canadian stocks are lower Wednesday morning, with investors largely refraining from indulging in any aggressive buying ahead of the Federal Reserve's monetary policy statement, due later in the day. Markets are expecting that the Fed will keep interest rates at near zero for a considerable length...

Canadian stocks are likely to open on a sluggish note Wednesday morning, with investors looking ahead to the U.S. Federal Reserve's monetary policy statement. It is widely expected that the Fed will keep interest rates at near zero for a considerable length of time. The central bank is likely to end...

Canadian stocks ended sharply higher on Tuesday, as higher commodity prices lifted resource stocks, with global equity markets responding positively after some upbeat consumer confidence data from the U.S. Some fairly impressive corporate earnings reports from the U.S. and Europe also contributed...

Canadian stocks are edging higher Tuesday morning, with positive European markets and data showing a notable improvement in U.S. consumer confidence lifting sentiment. Some fairly impressive corporate earnings reports from the U.S. and Europe are also contributing to the upmove. However, a report...

Canadian stocks are likely to waver Tuesday morning, with investors digesting disappointing U.S. durable goods order data. Positive European markets and higher crude oil prices may help limit the market's losses. Investors are looking ahead to the U.S. Federal Reserve's monetary policy statement,...

Canadian stocks snapped a two-day gain to end lower on Monday, led by resource stocks on some sharp sell-off in the energy sector after Goldman Sachs trimmed its crude oil price forecast for 2015. Some weaker than expected U.S. pending home sales data for September and weak economic data from the...

Canadian stocks are lower Monday morning, led by losses in the energy section after Goldman Sachs trimmed its crude oil price forecast for 2015. Weak economic data from the eurozone and some profit taking after last week's strong upmove are also contributing to the decline. With a slew of economic...

Canadian stocks are likely to open on a weak note Monday, weighed by some downbeat eurozone economic data. Profit taking after the market's recent strong upmove is also likely to drag down prices. With a slew of economic events, including the U.S. Federal Reserve's monetary policy review, scheduled...

Canadian stocks ended higher for a second straight session on Friday, after some strong rally by Agrium offset sharp declines in the energy and mining sector, with some fairly stable new home sales data from the U.S. The uptick was, however, limited on declining crude oil prices and worries over the...

Canadian stocks are edging higher Friday later morning, as lower crude oil prices and worries over the health of eurozone banking industry are weighing on the market. However, an encouraging report on U.S. new home sales is aiding sentiment. Investors are looking ahead to the U.S. Federal Reserve's...

Canadian stocks are likely to open slightly lower Friday, giving back some of Thursday's gains, amid a lack of positive triggers. Worries over the health of eurozone banking industry and news about a New York doctor testing positive for Ebola could weigh on the market a bit. Energy stocks, which...

Canadian stocks rebounded strongly to end higher on Thursday, with some upbeat Canadian earnings reports and a slightly better than expected U.S. jobless claims data lifting sentiment. A strong reading of U.S. economic indicators and some fairly encouraging economic data from China and the eurozone also...