Canadian News


After showing a strong move to the upside early in the session, Canadian stocks gave back some ground over the course of the trading day on Monday but still closed mostly higher.

After a somewhat cautious start, the Canadian stock market gained in strength Monday morning, riding on sharp gains in consumer discretionary, financial and healthcare sections.

The Canadian market is likely to open on a cautious note on Monday.

The U.S. dollar moved up against its major counterparts in the Asian session on Monday, as Treasury yields rose following the U.S. Senate's approval of a $1.9 trillion stimulus package on Saturday. President Joe Biden's Covid relief package was passed with 50-49 votes from the Senate, paving the...

The Canadian stock market shrugged off a mid-morning setback and ended on a buoyant note on Friday, riding on rising optimism about a rapid economic recovery after data showed a bigger than expected jump in U.S. jobs growth.

The Canadian stock market is turning in a mixed performance on Friday as investors continue to weigh the impact of rising bond yields besides reacting to the latest batch of economic data from the U.S. and Canada.

dollar 080219 05mar21 The U.S. dollar extended gains against its key counterparts in the European session on Friday, after a report showed that the nation's job growth accelerated more than expected in February, driven by reopening of businesses following a drop in new coronavirus infections and the rollout of the vaccines. Data...

After the release of Canada trade data for January at 8:30 am ET Friday, the loonie traded mixed against its major counterparts. While it changed little against the yen, it edged up against the rest of major rivals. The loonie was trading at 1.5147 against the euro, 85.29 against the yen, 0.9708 against...

At 8:30 am ET Friday, Statistics Canada will release Canada trade data for January. Before the data, the loonie held steady against its major counterparts. The loonie was worth 1.5152 against the euro, 85.33 against the yen, 0.9734 against the aussie and 1.2693 against the greenback as of 8:25 am ET.

The Canadian stock market is likely to open on a cautious note Friday morning with investors tracking global cues and reacting to the latest non-farm payrolls data from the U.S.

The U.S. dollar strengthened across the board in the European session on Friday, as U.S. Treasury yields spiked up after Fed Chair Jerome Powell's comments failed to calm worries about higher borrowing costs. In an online event on Thursday, Powell reiterated a commitment to maintain ultra-easy monetary...

The Canadian dollar advanced against its major counterparts in the Asian session on Friday, as crude oil prices jumped after the Organization of the Petroleum Exporting Countries and its allies decided to keep output unchanged in April. Crude for April delivery rose $0.96 to $64.79 per barrel. During...

The Canadian stock market ended notably lower on Thursday, extending its slide to a second straight day, as healthcare, technology, consumer discretionary and industrial shares suffered sharp losses.

Despite some hectic buying in energy stocks, the Canadian market is down in negative territory a little past noon on Thursday, weighed down by sharp losses in healthcare, technology and consumer discretionary shares.

Canadian shares are likely to open flat or slightly higher on Thursday. Rising U.S. bond yields may prompt investors to refrain from making significant moves.

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