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Canadian Market Likely To Open Higher; Retails Sales Data In Focus

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

Canadian shares look headed for a positive open on Friday with firm oil and metal prices set to trigger some buying in energy and materials sectors. U.S. President Donald Trump's softer tone on Greenland and tariff issues may continue to help underpin sentiment.

Data on Canadian retail sales for the month of November is due at 8:30 AM ET. A report on manufacturing sales for the month of December is also due at 8:30 AM ET.

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Global Economics Weekly Update - February 02-06, 2026

March 06, 2026 13:56 ET
The week saw a drastic escalation of the war in the Middle East that raised concerns over the effect on crude oil prices and global trade. In economic news, survey data threw light on the trends in the U.S. private sector and labor market. Euro area inflation data and house price survey results in the U.K. were the highlights in Europe. In Asia, China setting its growth target for the year attracted attention.