Canadian stocks may open on a negative note Friday morning as weak precious metals prices and uncertainty about U.S. and Iran agreeing on a long-term truce are likely to weigh on sentiment.
In economic news, a report from the Canadian Federation of Independent Business said Canada's CFIB Business Barometer long-term Index, which tracks 12-month forward expectations for business performance, climbed to 49.6 in June from 46.3 in May.
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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.