Weakness in European markets, rising U.S.-China tensions and lower commodity prices point to a negative start for Canadian shares Friday morning.
Despite the announcement of a $1.9 trillion stimulus plan by U.S. President-elect Joe Biden, the mood is likely to remain cautious due to persisting concerns about a surge in coronavirus cases across the world.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.