Higher TSX futures and crude oil prices, and steady European stocks point to a positive start Canadian shares on Friday. The focus will be on the U.S. Personal Consumption Expenditures (PCE) data.
The PCE data is eyed for more clarity about the Federal Reserve's likely move in the upcoming policy meeting.
In Canadian earnings news, Canfor Corp (CFP.TO) announced on Thursday that its adjusted loss widened to $168.7 million, or $1.42 per share, in the second quarter, from $44.3 million, or $0.36 per share, last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.