The Canadian market may open with a positive bias on Thursday with materials stocks finding some support thanks to higher precious metals prices. Oil's fall may hurt energy stocks. Investors will also be reacting to a slew of corporate earnings updates and Canadian GDP data.
The Japanese yen strengthened against other major currencies in the European session on Thursday, as Japanese Finance Minister Satsuki Katayama issued a clear intervention warning. Katayama confirmed that the "timing for decisive action is near" and that the Japanese government is moving closer to...
The Japanese yen strengthened against other major currencies in the European session on Thursday. The yen rose to nearly a 4-week high of 183.83 against the euro, from an early near 2-week low of 187.56. Against the pound and the Swiss franc, the yen advanced to more than 3-week highs of 212.15...
Canadian stocks moved lower on Wednesday, extending the losses from two previous sessions amid the ongoing Strait of Hormuz closure while traders analyzed the interest rate decisions by the central banks of Canada and the U.S.
Canadian stocks drifted lower on Wednesday, weighed down by persisting concerns about the ongoing conflict between the U.S. and Iran and its potential impact inflation and overall economic growth. Meanwhile, the Bank of Canada left its interest rates unchanged as widely expected for the fourth consecutive meeting.
Citing ongoing uncertainty, the Bank of Canada on Wednesday announced its widely expected to leave interest rates unchanged for the fourth consecutive meeting. The Bank of Canada said it decided to maintain its target for the overnight rate at 2.25 percent, with the Bank Rate at 2.5 percent and the deposit rate at 2.20 percent.
Canadian and U.S. futures point to a flat start on Bay Street Wednesday morning, ahead of interest rate decisions from the Bank of Canada and the Federal Reserve.
CGI Inc. (GIB, GIB-A.TO), an IT and business consulting services firm, on Wednesday reported higher net income in the second quarter of fiscal year 2026 compared with the previous year, driven by the resilience of its business model, strong client relationships, and continued demand for its services...
Canadian stocks extended the losses from yesterday's session and pulled back on Tuesday as the U.S.-Iran stalemate continues. In addition, lingering concerns about the huge investments made in AI weighed on tech stocks in the U.S. as well as in Canada.
The Canadian market was down firmly in negative territory around mid-afternoon on Tuesday, weighed down by sharp losses in materials and technology sectors. Energy stocks are up with strong gains, riding on higher oil prices amid the ongoing conflict in the Middle East.
Canadian stocks are likely to swing between gains and losses on Tuesday with investors tracking the trend in the commodities market and continuing to assess the developments on the geopolitical front. With the focus on key central bank meetings, the mood is likely to remain cautious for much of the day's session.
Canadian stocks edged lower on Monday amid rising oil supply concerns after the U.S. cancelled peace talks with Iran, leaving the Strait of Hormuz to remain shut.
Canadian stock market's benchmark S&P/TSX Composite Index drifted lower on Monday, weighed down by losses in materials and consumer discretionary sectors. Thanks to higher oil prices, energy stocks gained significant ground, limiting market's downside.
Oil and gas major Shell Plc (SHEL, SHEL.L) Monday announced that it has entered into a definitive agreement to acquire Canadian energy company ARC Resources Ltd. (AETUF, ARX.TO) in cash and stock deal with equity value of around $13.6 billion. Under the deal terms, ARC shareholders will receive C$8.20...
Canadian shares are likely to open on a mixed note Monday morning with investors assessing the possibility of further talks between in the U.S. and Iran and looking ahead to monetary policy announcements from several central banks, including the Bank of Canada and the Federal Reserve, this week.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.