Modestly higher Canadian and U.S. futures, amid some hopes for a potential U.S.-Iran peace deal point to a positive start for Canadian stocks on Wednesday. Oil prices dropped after U.S. President Donald Trump said the war with Iran will end "very quickly."Although a positive start is on the cards, the mood in the market may turn a bit cautious with investors awaiting crucial earnings updates next ...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.