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The Canadian stock market is holding on to slight gains in early trade Wednesday. Early gains have eroded after a report from the U.S. EIA showed an unexpected build in crude inventories. Trading activity has been conservative ahead of the Federal Reserve announcement this afternoon. Information technology...

Early signals are mixed for Canadian stocks Wednesday morning as markets await the latest Federal Reserve decision on U.S. interest rates. Toronto's main index has surged to 11-month highs in July despite falling oil prices. WTI light sweet crude oil was down $0.16 at $42.76 a barrel this morning,...

Gildan Activewear Inc. (GIL.TO, GIL) announced, for full year 2016, the company is now projecting adjusted EPS to be in the range of $1.50-$1.55 compared to prior range of $1.50-$1.60, and adjusted EBITDA of approximately $545-$555 million compared to the previous projection of $545-$570 million. Gildan...

The Japanese yen weakened against the other major currencies in the Asian session on Wednesday, after the Japanese Prime Minister Shinzo Abe said that the government would compile an economic stimulus package. While speaking in the southern city of Fukuoka, Abe said that he will announce an economic...

Commodity currencies such as the Australian, the New Zealand and the Canadian dollar weakened against their major rivals, as crude oil prices fell amid lingering concerns that supplies are outpacing demand. Crude oil for September delivery are currently down $0.06 to $42.86 a barrel. Traders ignored...

The Canadian dollar retreated from early highs against most major currencies in the Asian session on Wednesday. The Canadian dollar fell to 1.3195 against the U.S. dollar and 79.75 against the yen, from 2-day highs of 1.3159 and 80.77, respectively. Against the euro, the loonie edged down to...

The Australian dollar retreated from early highs against some major currencies in the Asian session on Wednesday. The Australian dollar fell to a 5-day low of 1.4733 against the euro and a 2-day low of 0.7458 against the U.S. dollar, from an early 9-day high of 1.4526 and an 8-day high of 0.7565,...

The Japanese yen weakened against the other major currencies in the Asian session on Wednesday. The yen fell to a 6-day low of 74.71 against the NZ dollar and a 5-day low of 117.14 against the euro, from yesterday's closing quotes of 73.78 and 114.95, respectively. Against the pound and the U.S....

Canadian stocks nudged higher Tuesday, as Bay Street continued to withstand falling crude oil prices. Metals producers performed well today as a weaker dollar led to higher metals prices. Energy stocks trimmed big losses from the previous session, even as crude oil futures settled below $43 for...

westjet-072616.jpg WestJet has announced its winter 2017 flight schedule, and the carrier is adding new flights to its domestic and international networks. The airline has extended its non-stop flight schedule between Vancouver and Montreal, Toronto and Gander as well as Toronto and Brandon from seasonal summer service...

The Canadian stock market is up slightly in early trade Tuesday, after yesterday's triple digit decline. A rebound in metal prices is providing a boost to the markets, following a weak session for commodities at the start of the week. Mining and gold stocks are among the top performers in early trade,...

Early signals point to a second straight tough session for Canadian stocks Tuesday, with the energy sector in focus amid tumbling crude oil prices. Yesterday, the S&P/TSX Composite Index was down 102.56 points, or 0.70 percent, to 14,498.10 - falling from yearly highs. Energy stocks plunged 3.5...

The U.S. dollar weakened against most major currencies in the pre-European session on Tuesday. The U.S. dollar fell to 4-day lows of 1.1020 against the euro and 0.9845 against the Swiss franc, from early highs of 1.0983 and 0.9864, respectively. The greenback dropped to nearly a 2-week low of...

The Japanese yen strengthened against the other major currencies in the Asian session on Tuesday, after Japanese finance minister Taro Aso said that the government was yet to decide on the size of economic stimulus package. While speaking at a news conference in Tokyo, Japanese finance minister Taro...

The Australian dollar strengthened against some major currencies in the late Asian session on Tuesday. The Australian dollar rose to nearly a 2-week high of 0.9945 against the Canadian dollar, from yesterday's closing value of 0.9869. Against the U.S. dollar and the euro, the aussie advanced...

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