Higher Canadian and U.S. futures and firm European stocks amid signs of de-escalation in tensions in the Middle East point to a positive start on Bay Street Tuesday morning.
In addition to following the developments on the geopolitical front, investors will be looking ahead to the Bank of Canada's interest rate decision due on Wednesday.
The Canadian bank is widely expected to hold its benchmark interest rate at 2.25% for a fifth straight meeting. The central bank's views on the economy and future policy stance are eyed.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.