Canadian stocks may open weak on Thursday, amid growing uncertainty about U.S. and Iran resuming their peace talks anytime soon.
Meanwhile, Iran has tightened its grip on the Strait of Hormuz. Seizing two ships trying to exit the Strait on Wednesday, Iran has asked Washington to lift its naval blockade.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.