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Canadian stocks fell Monday as strong economic data hinted at further interest rate hikes from the Bank of Canada. Canada's wholesale sales rose 0.9% to a record high $61.6 billion in May. Sales were up in six of the seven subsectors, representing 80% of total wholesale sales. The IMF said it now...

The Canadian stock market got off to a weak start Monday, but has since pared its early losses. Gold and financial stocks are under pressure this morning, but energy stocks are rising as crude prices have climbed back above $46 a barrel. The majority of the European markets are trading in the red...

The Canadian dollar climbed against its major opponents in the European session on Monday, as oil prices advanced after Nigeria agreed to join the production cuts and the Saudi pledged to limit crude exports in next month at a gathering of oil ministers in Russia. Crude for September delivery rose...

Canadian stocks were set to rise Monday morning amid higher commodity prices and upbeat economic data. Canada's wholesale sales rose 0.9% to a record high $61.6 billion in May. Sales were up in six of the seven subsectors, representing 80% of total wholesale sales. Sears Canada (SCC.TO) faces online...

sparkenergy-072417.jpg Shares of Spark Energy Inc. (SPKE) are up nearly 35% year-to-date compared to 9% return of the Dow Jones Industrial Average Index during the same period.

The euro slipped against its key counterparts in early European deals on Monday, after a data showed that Eurozone private sector growth slowed for the second successive month in July to the lowest since January. Flash data from IHS Markit showed that the composite output index fell to a 6-month low...

The Canadian dollar strengthened against most major currencies in the early European session on Monday. The Canadian dollar rose to a 4-day high of 1.4577 against the euro, from an early low of 1.4647. Against the U.S. dollar, the loonie advanced to 1.2523 from an early low of 1.2550. The...

The Australian dollar strengthened against other major currencies in the early European session on Monday. The Australian dollar rose to 0.7958 against the U.S. dollar and 1.4630 against the euro, from early lows of 0.7901 and 1.4759, respectively. Against the yen and the Canadian dollar, the...

Pharma-072117.jpg Today's Daily Dose lists the names of drugs that were recommended for approval by the European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP) on Friday. The lone exception is Vanda's antipsychotic medicine Fanaptum, for which the CHMP has rendered a negative opinion.

The Canadian stock market has been losing ground since the open of trade Friday. The majority of the Canadian sectors are mired in negative territory this morning. The energy sector is logging the largest decrease as the rally in crude oil prices earlier this week appears to be sputtering out. Markets...

The Canadian dollar climbed against its major opponents in the European session on Friday, after better-than-expected domestic consumer price inflation for June and retail sales for May. Data from Statistics Canada showed that consumer price index was flat on a seasonally adjusted monthly basis,...

The U.S. dollar lost ground against its major opponents in the European session on Friday, as the news that the U.S. special counsel Robert Mueller is expanding Russia probe to include Trump's business transactions stoked worries about economic agenda. Media reports suggested that Muller is examining...

Following the release of Canada CPI for June and retail sales for May at 8:30 am ET Friday, the loonie advanced against its major rivals. The loonie was worth 1.2562 against the greenback, 88.79 against the yen, 1.4616 against the euro and 0.9957 against the aussie around 8:33 am ET.

Canadian stocks may struggle Friday morning, as the rally in crude oil prices has apparently fizzled. Crude oil was stuck below $47 a barrel, which may prompt profit-taking in the energy sector after significant mid-week gains. Crude oil for September was down 38 cents at $48.68 a barrel, easing...

Canada CPI for June and retail sales for May are due at 8:30 am ET Friday. Ahead of the data, the loonie traded mixed against its major rivals. While the loonie held steady against the euro and the aussie, it eased against the greenback and the yen. The loonie was worth 1.2603 against the greenback,...

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