The Canadian market, which very nearly fell into negative territory after an early upmove but recovered swiftly Monday morning, remains fairly well placed above the flat line around mid-afternoon, thanks to gains in energy, materials, utilities and industrials sectors.
Investors are digesting the nation's inflation data and reacting to the news about the "encouraging progress" in U.S.-Iran peace negotiations.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.