Canadian shares are likely to open weak on Wednesday, weighed down by lower oil prices, disappointing guidance from Dutch semiconductor firm ASML, and geopolitical concerns. Fears that Donald Trump's return to the White House would herald more inflation and higher interest rates may also weigh on the market. Trump, who is the Republican presidential candidate, said in an interview with Bloomberg ...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.