Canadian stocks look headed for a weak start Monday morning as higher oil prices amid Middle East tensions, and U.S. President Donald Trump's fresh threat on European cars and trucks are likely to weigh on sentiment.
Iran's navy has reportedly said that it has prevented US ships entering the Strait of Hormuz, after Trump said the US military would help guide stranded vessels today.
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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.