The Canadian market remains firmly up in positive territory a little past noon on Wednesday, riding once again on strong gains in materials sectors. Financials stocks are also having a good outing. Technology stocks, which had a weak outing on Tuesday, are among the other notable gainers.
Investors look ahead to the Federal Reserve's monetary policy announcement due later in the day, and the signing of a US-Iran peace deal on Friday.
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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.