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Canadian Commentary

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Canadian stocks continued to rise Friday, adding to weekly gains to reach a fresh 11-month high. Energy stocks rose despite falling oil prices, as traders bet Canadian firms are ramping up production fast enough to take advantage of $45 oil. The S&P/TSX Composite Index was up 34.83 points, or 0.24...

The Canadian stock market is trading slightly to the downside Friday morning. The Canadian market has turned in a lackluster performance this week, but is still holding near 11-month highs. Dismal British private sector data has investors in a negative mood this morning. In addition, crude oil prices...

Canadian stocks look to finish another strong week on a high note Friday, but dismal economic news from Europe may darken moods ahead of the weekend. U.K. private sector activity contracted at the steepest pace since early 2009 after the "Brexit vote", the results of the flash survey by Markit showed. The...

Canadian stocks continued to trudge ahead Thursday, with Toronto's main index touching new 11-month highs. However, today's advance was mostly due to rebounding gold stocks. Gold's popularity is generally a sign of safe haven demand, reflecting poorly on the broader market. The S&P/TSX Composite...

The Canadian stock market is gaining ground in early trade Thursday. Gold and mining stocks are leading the way higher as gold prices attempt to rebound from yesterday's weakness. Copper and platinum prices are also on the rise this morning. Energy stocks are also among the gainers, as crude oil prices...

Canadian stocks are poised for another subdued session Thursday, as traders weighed mixed corporate earnings results. Bay Street has been relatively quiet all week, with Toronto's main index holding near recent 11-month highs. On Wednesday, the S&P/TSX Composite Index was up 8.96 points, or 0.06...

Canadian stocks remained little changed at 11-month highs for a third session, as gold stocks crumbled on increased risk appetite. Widespread gains in other sectors indicates confidence the global economy is on relatively solid footing despite the UK's Brexit and US political uncertainties. The...

The Canadian stock market got off to a weak start Wednesday, adding to yesterday's slight dip. Investors continue to exercise caution after the recent rally that brought the Canadian market to its highest level in 11 months. Gold stocks are limiting the market's upside this morning, but energy and mining...

Canadian stocks are poised for another quiet session Wednesday, with traders turning cautious after strong recent gains. Yesterday, the International Monetary Fund cut its global growth forecasts for the next two years, citing uncertainty over Britain's impending exit from the European Union. After...

Canadian stocks were little changed Tuesday, holding near 11-month highs after a languid session on Bay Street. Weaker energy and metals stocks offset gains among consumer staple and tech shares. Markets everywhere were relatively quiet in the absence of first-tier economic news or central bank...

The Canadian stock market is trading slightly to the downside Tuesday morning as commodity prices appear to have stagnated. Investors appear to be taking an opportunity to lock in some profits after recent gains have driven the Canadian market to its highest level in 11 months. Markets in Europe...

Canadian stocks should eke out gains for a second straight session Tuesday, but investors may be tempted to take some profits after a bull run to 11-month highs. Bay Street has been grinding out gains for the past week despite sluggish oil and metals prices. Talk of easy monetary policy from global...

Canadian stocks nudged higher Monday, resuming a strong recent uptrend on modest but widespread gains across most sectors. Energy stocks performed well despite falling oil prices, financials were steady, and consumer discretionary shares were up sharply. The S&P/TSX Composite Index was up 49.98...

The Canadian stock market is trading modestly higher at the start of the new trading week, despite struggling commodity prices. The majority of the Canadian sectors are trading in the green this morning, with the notable exceptions of the energy and mining sectors. Crude oil prices have slipped beneath...

Canadian stocks may struggle to get back on the winning track Monday morning amid sluggish commodities. With few catalysts seen helping Toronto's main index beyond last week's 11-month highs, traders are looking at signs of a lackluster session. The S&P/TSX Composite Index fell 0.2 percent to 14,482.42...

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