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Canadian Commentary

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Canadian stocks fell Wednesday, with weakness in the heavyweight energy and financial sectors after the Bank of Canada held steady on interest rates. The BoC stood pat despite strong economic growth and concerns about a potential bubble in big-city housing. Analysts expect the BoC will maintain current...

The Canadian stock market has been declining since the open of trade Wednesday. The heavyweight financial sector is under pressure this morning, following yesterday's strong gains. Barclays upgraded Canada's big five banks yesterday, noting fears about Home Capital (HCG.TO) contagion are overblown. The...

Canadian stocks are looking for direction Wednesday morning, with central banks in focus along with OPEC's crucial meeting in Vienna. Traders await the Bank of Canada's decision on interest rate. The central bank is widely expected to hold the rate steady at 0.50 percent. Later today, the U.S....

Canadian stocks were slightly higher Tuesday, as rising financial stocks offset weakness in the energy sector. The TSX Composite Index was up 35.39 points, or 0.23 percent, to 15,493.85, with markets relatively quiet after a terrorist attack killed 22 people at a pop concert in Manchester, UK. Financials...

The Canadian stock market got off to a positive start Tuesday, but has since pared its early gains. Energy stocks are losing ground this morning, despite the stable performance of crude oil prices. Prices are nearly flat, trading around $51 a barrel, but investors appear to be exercising caution ahead...

Canadian stocks may rise Tuesday morning after Barclays upgraded Canada's biggest banks, saying recent fears about Home Capital (HCG.TO) contagion are overblown. "The banks have experienced some fairly dramatic weakness … largely stemming from spillover around the housing market generated by the drama...

Canadian stocks stormed back Friday to end a topsy turvy week on a high note, as markets pooh-poohed the latest stories in the ongoing Donald Trump -Russia saga. Trump was quoted in the New York Times as calling now-fired FBI Director Michael Flynn a "nut job" at his controversial meeting with Russia...

The Canadian stock market is logging a triple digit increase Friday morning, after ending the previous session nearly flat. The energy sector is leading the way higher in early trade, as crude oil prices have climbed back above $50 a barrel. Financial and industrial stocks are also contributing to the...

Canadian stocks are poised to end the week with modest gains Friday, as markets have calmed despite lingering concerns about the U.S. political situation. Stocks were hammered mid-week amid allegations President Trump improperly asked then-FBI Director to swear his loyalty and drop an investigation...

Canadian stocks inched higher Thursday as markets took a breather after yesterday's tempest caused by political upheaval in the U.S. Rising crude oil prices helped energy stocks steady, while banks trimmed significant losses. The TSX Composite Index was up 27.14 points, or 0.18 percent, to 15,300.82. Beleaguered...

The Canadian stock market got off to a weak start Thursday, but has since pared its early losses and has climbed into positive territory. Following yesterday's sharp sell-off, the market is attempting to recover some ground. Bargain hunting appears to be playing a role in the rebound, as well as the...

Early signs are pointing to another rough session Thursday morning, following yesterday's drubbing sparked by political turmoil surrounding the Trump Administration. Allegations that Trump improperly asked former FBI Director James Comey to drop his investigation of Michael Flynn, as well as Trump's...

Canadian stocks were hammered Wednesday, part of a global rout sparked by President Donald Trump's ongoing controversies. Wall Street was a sea of red amid reports that Trump asked since-fired FBI Director to end his investigation of ties between NSA Michael Flynn and the Kremlin. Trump later divulged...

The Canadian stock market is trading firmly in negative territory Wednesday morning. Trump's economic agenda is in doubt after numerous scandals and missteps, the latest revolving around the dismissal of FBI Director James Comey. The majority of the Canadian sectors are trading in the red this morning,...

Canadian stocks may get off to a rough start Wednesday despite stable oil prices, as ongoing concerns about the Trump Administration have rattled investors on both sides of the border. Trump's economic agenda is in doubt after numerous scandals and missteps, the latest revolving around the dismissal...

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