Canadian shares may open with a positive bias on Friday amid reports indicating "slight progress" in U.S.-Iran talks.However, with Tehran reportedly insisting on keeping enriched uranium in Iran, the mood in the market is unlikely to be any significantly bullish.In economic news, data from the Canadian Federation of Independent Business said Canada's CFIB Business Barometer long-term index, which ...
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Business News
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.