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Canadian stocks inched lower Monday, trimming recent gains amid a lack of positive catalysts. Trading was subdued with US markets closed for Memorial Day. Banks, metals and energy stocks were weaker offsetting gains among retailers. Commodity prices were mixed although crude oil held above $49...

Canadian stocks may pause Monday after significant recent gains, as traders await the outcome of a crucial OPEC meeting later this week. U.S. WTI crude oil is virtually unchanged at $49 a barrel, having jumped briefly above $50 for the first time since October. However, a failure by OPEC to cap...

Following the release of Canada industrial product price index for April at 8:30 am ET Monday,the loonie fell slightly against its major rivals. The loonie was trading at 1.3049 against the greenback, 1.4534 against the euro, 85.18 against the yen and 0.9376 against the aussie around 8:33 am ET.

At 8:30 am ET Monday, Statistics Canada releases Canada industrial product price index for April. Economists expect the index to rise 0.4 percent on month, following a 0.6 percent slide in February. Ahead of the data, the loonie advanced against its major rivals. The loonie was worth 1.3041 against...

The Canadian dollar trimmed its early losses against the U.S. dollar in European deals on Monday. The loonie was trading at 1.3039 against the greenback, off its early 5-day low of 1.3094. If the loonie rises further, 1.28 is likely seen as its next resistance level.

The euro gained ground against its major rivals in European trading on Monday, as investor sentiment rose following the Fed Chair Janet Yellen's remarks hinting at the likelihood of a sooner U.S. rate hike and as data showed that Eurozone economic confidence rose to a four-month high in May. Survey...

The euro climbed against its major rivals in pre-European trading on Monday. The euro advanced to 1.1064 against the Swiss franc, 1.4541 against the loonie, 0.7609 versus the pound and 1.1117 versus the greenback, from its early lows of 1.1041 and 1.4472, 4-day low of 0.7589 and a 2-1/2-month low...

The U.S. dollar strengthened against most major currencies in the Asian session on Monday, in the wake of Fed Chair Janet Yellen's comments on growth and the interest rate outlook. Speaking at Harvard University in Cambridge, Massachusetts on Friday Fed Chair Janet Yellen said that a rate hike "in...

The Japanese yen weakened against the other major currencies in the Asian session on Monday, as Japanese Prime Minister Shinzo Abe said that the sales tax hike will be delayed and as Federal Reserve Chair Janet Yellen endorsed the case for a rate increase in June or July. Speaking at a post Group...

Suncor Energy Inc. (SU.TO, SU) announced Sunday that it has begun the safe and staged restart of its operations near the fire-ravaged community of Fort McMurray, Alberta. In a statement, the Canadian crude-oil producer said start-up activities are well underway at Base Plant and the MacKay River in...

The Japanese yen weakened against the other major currencies in the Asian session on Monday. The yen fell to a 1-week low of 123.46 against the euro, more than a 1-month low of 162.63 against the pound and nearly a 2-week low of 111.72 against the Swiss franc, from last week's closing quotes of 122.48,...

The U.S. dollar strengthened against most major currencies in the Asian session on Monday. The U.S. dollar rose to a 2-1/2-month high of 1.1098 against the euro, nearly a 3-month high of 0.9951 against the Swiss franc and more than 1-month high of 111.15 against the yen, from last week's closing...

Pharma053016.jpg Can-Fite BioPharma Ltd. expects to report data from a phase II trial of CF101, conducted by its subsidiary OphthaliX, in the treatment of glaucoma and related syndromes of ocular hypertension next month.

FDA-thumb-042916.jpg The month of May saw the FDA greenlight 5 new drugs, including 1 new molecular entity, and surprisingly turn down 1 drug candidate, whose approval was considered a no-brainer by some experts.

The Canadian stock market is rising in early trade Friday. The market rallied earlier this week, but closed near the unchanged level yesterday. Healthcare and information technology stocks are among the best performing stocks this morning, while mining and gold stocks are lagging behind. Investors...

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