Despite the optimism surrounding US-Iran peace agreement, the Canadian market is likely to see cautious moves by investors on Tuesday, tracking weak crude oil prices and largely subdued bullion movements.
Also, the focus will be on the Federal Reserve's monetary policy announcement, due on Wednesday. The Fed's two-day monetary policy meeting gets underway today.
In corporate news, Groupe Dynamite Inc. (GRGD.TO) has reaffirmed its annual revenue growth guidance. For fiscal 2026, the Group still expects revenue growth of 22% to 25%, with comparable store sales growth of 11% to 14%.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.