Canadian stocks are likely to swing between gains and losses on Tuesday with investors tracking the trend in the commodities market and continuing to assess the developments on the geopolitical front. With the focus on key central bank meetings, the mood is likely to remain cautious for much of the day's session.
The Bank of Canada and the Federal Reserve are scheduled to announce their interest rate decisions on Wednesday. The European Central Bank and the Bank of England's policy announcements are due on Thursday.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.