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  • Canadian Stocks Soar As Trump Assures Of Ongoing U.S.-Iran Talks June 02, 2026 16:32 ET

    Reversing the losses from yesterday's session, Canadian stocks on Tuesday surged to a new intra-day record high as investors welcomed U.S. President Donald Trump's assurances on ongoing uninterrupted negotiations between the U.S. and Iran.

  • TSX Rises To New Record High; Energy, Financials Stocks Move Up June 02, 2026 12:39 ET

    After opening slightly down, the Canadian market climbed higher on Tuesday and the benchmark S&P/TSX Composite Index hit a new all-time high, lifted by strong gains in energy, financials and materials sectors.

  • Canadian Dollar Falls As Crude Oil Prices Slide June 02, 2026 08:33 ET

    The Canadian dollar weakened against other major currencies in the European session on Tuesday, as oil prices fell after having jumped more than 4 percent in the previous session amid ongoing uncertainty over talks between the United States and Iran to end their war and reopen the Strait of Hormuz. Brent...

  • Australian Dollar Rises Amid Risk-On Mood June 02, 2026 08:19 ET

    The Australian dollar strengthened against other major currencies in the European session on Tuesday amid increased risk-on sentiment by the investors, as U.S. President Donald Trump confirmed ongoing U.S.-Iran talks and said he had persuaded Israel and Hezbollah to dial back fighting. Meanwhile,...

  • Bay Street Likely To Open On Mixed Note June 02, 2026 08:04 ET

    Canadian stocks are likely to open on a mixed note on Tuesday with investors assessing the latest developments on the geopolitical front and tracking the trend in commodity markets.

  • Canadian Dollar Falls Against Majors June 02, 2026 07:39 ET

    The Canadian dollar weakened against other major currencies in the European session on Tuesday. The Canadian dollar fell to nearly a 4-week low of 1.6132 against the euro, nearly a 3-week high of 0.9949 against the Australian dollar and a 5-day low of 1.3855 against the U.S. dollar, from early lows...

  • Australian Dollar Rises Against Majors June 02, 2026 07:30 ET

    The Australian dollar strengthened against other major currencies in the European session on Tuesday. The Australian dollar rose to a 36-year high of 114.77 against the yen, nearly a 3-week high of 0.9949 against the Canadian dollar and a 5-day high of 1.2120 against the NZ dollar, from early lows...

  • Central Asia Metals To Acquire Cygnus Metals All-scrip Deal; Cygnus To Own 30% Of Combined Group June 02, 2026 03:14 ET

    Central Asia Metals PLC (CAML.L) on Tuesday announced it has agreed to acquire Cygnus Metals Ltd. (CYGGF, CY5.AX, CYG.V) in a deal valued at approximately A$232 million through an all-scrip scheme of arrangement. The deal is expected to close in September 2026. Under the terms of the deal, Cygnus...

  • Canadian Stocks Tick Lower As U.S.-Iran Talks Hit A Roadblock June 01, 2026 16:27 ET

    Canadian stocks slipped on Monday after U.S.-Iran peace talks stalled after Iran's refusal to engage in talks following Israeli attacks on Lebanon, leaving the Strait of Hormuz blocked for oil and energy trade.

  • Tech Stocks Rise Sharply, Limit Canadian Market's Downside June 01, 2026 12:33 ET

    After a flat start, the Canadian market slipped into negative territory on Monday, weighed down by rising uncertainty about a U.S.-Iran peace deal amid reports Iran will likely stop communicating with the United States. Higher oil prices stoked inflation concerns and raised worries about possible monetary tightening by central banks.

  • Bay Street May Open Slightly Higher June 01, 2026 08:45 ET

    The Canadian market may move up a bit Monday morning as energy stocks are likely to find support thanks to rising oil prices. Worries about Middle East tensions and continued uncertainty about U.S. and Iran striking a peace deal could limit market's upside.

  • CGI To Take Over Telia Finland Cloud Unit, Add 250 Staff In Strategic Deal June 01, 2026 07:45 ET

    Montreal-based IT services firm CGI Inc. (GIB-A.TO, GIB) on Monday said it has agreed to acquire Telia's cloud and IT end-user services business in Finland and form a strategic partnership with the telecom operator. The financial terms of the deal were not disclosed. Under the deal, about 250 Telia...

  • U.S. Dollar Rises Amid US-Iran Ceasefire Deal Uncertainty June 01, 2026 02:08 ET

    The U.S. dollar strengthened against other major currencies in the Asian session on Monday, as traders remain optimistic about a permanent end to the Middle East war despite some pricking points on discussions to reach a potential deal to end the war and the opening of the Strait of Hormuz. In an...

  • U.S. Dollar Rises Against Majors June 01, 2026 01:17 ET

    The U.S. dollar strengthened against other major currencies in the Asian session on Monday. The U.S. dollar rise to a 4-day high of 159.50 against the yen, from Friday's closing value of 159.27. Against the Swiss franc, the euro and the pound, the greenback edged up to 0.7834, 1.1641 and 1.3446...

  • U.S. Dollar Drops Against Majors May 30, 2026 05:27 ET

    The U.S. dollar fell against its major counterparts in the New York session on Friday. The greenback fell to 3-day lows of 1.3485 against the pound and 159.09 against the yen. The greenback dropped to more than a 2-week low of 0.7795 against the franc and a fresh 2-week low of 1.1685 against the...

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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