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Bay Street May Open With Positive Bias

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Canadian shares may open with a positive bias Friday morning, tracking higher commodity prices. Investors will also be reacting to quarterly earnings updates and the latest batch of economic data.

Uncertainty about fresh tariffs by the U.S. may prompt investors to tread a bit cautiously.

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Global Economics Weekly Update - May 04 – May 08, 2026

May 08, 2026 15:50 ET
Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.

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