Canadian shares may open higher amid slightly waning fears about a U.S.-China. However, weak economic data may render the mood cautious and prompt investors to refrain from going on a buying spree.
Although reopening of businesses in several parts across the globe is a positive for the market, lingering worries about the deep economic impact of the coronavirus outbreak may continue to weigh on stocks.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.