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  • TSX Retreats After Early Upmove, Down Nearly 1% June 09, 2026 12:39 ET

    After opening marginally up and moving further ahead, Canadian stocks slipped into negative territory on Tuesday, dragged down by losses in energy, materials and technology sectors.

  • Bay Street Likely To Open On Positive Note June 09, 2026 08:36 ET

    Higher Canadian and U.S. futures and firm European stocks amid signs of de-escalation in tensions in the Middle East point to a positive start on Bay Street Tuesday morning. In addition to following the developments on the geopolitical front, investors will be looking ahead to the Bank of Canada's interest rate decision due on Wednesday.

  • Apotex Health Upsizes IPO To $1.3 Billion, Expands Share Offering June 09, 2026 08:19 ET

    Apotex Health Corp. (APTX.TO), a Canadian healthcare company, announced an upsized initial public offering (IPO) of $1.3 billion, up from the previously reported $1.0 billion. Apotex now expects the IPO to consist of between 54.17 million and 65 million common shares at an offering price between $20...

  • Euro Rises Amid ECB Rate Hike Hopes June 09, 2026 07:53 ET

    The euro strengthened against most major currencies in the European session on Tuesday, amid expectations that the European Central Bank (ECB) would raise rates this week. Investors speculate that the ECB will tighten its monetary policy at Thursday's meeting. The slow Eurozone will discourage the...

  • Euro Rises Against Most Majors June 09, 2026 07:25 ET

    The euro strengthened against most major currencies in the European session on Tuesday. The euro rose to 4-day highs of 1.1570 against the U.S. dollar and 185.29 against the yen, from early lows of 1.1527 and 184.61, respectively. Against the Swiss franc and the Australian dollar, the euro advanced...

  • Air Canada Strengthens Verification Procedure Following Pilot Licence Issue June 09, 2026 01:36 ET

    Air Canada (AC.TO) said it has strengthened its licence verification procedures after Transport Canada imposed a monetary penalty on a former pilot who lacked the required certification to serve as a captain. According to the company, the former pilot held a valid Commercial Pilot Licence but lacked...

  • Canadian Stocks Tick Higher As Re-Escalation Concerns Continue Despite Trump's Assurance June 08, 2026 16:29 ET

    Canadian stocks posted marginal gains on Monday as investors assessed U.S. President Donald Trump's reassurance on U.S.-Iran peace talks along with reports of Iran's preparations for a prolonged war with Israel.

  • Canadian Market Up Firmly In Positive Territory Despite Coming Off Early Highs June 08, 2026 12:33 ET

    Despite paring some early gains, the Canadian market remains firmly up in positive territory a little past noon on Monday thanks to strong gains in energy, materials and technology sectors. The mood in the market is positive amid hopes of a potential de-escalation in the wider U.S.-Iran war after Iran said its first wave of attacks on Israel had ended.

  • Kneat To Go Private In C$650 Mln Takeover By Thoma Bravo June 08, 2026 09:13 ET

    kneat.com, inc. (KSI.TO, KSIOF), a digital validation and quality process automation company, Monday announced its definitive arrangement agreement to be acquired by Thoma Bravo, L.P., a privately held software-focused investment firm. Under the deal terms, holders of Kneat shares other than any Rollover...

  • Canadian Stocks Seen Turning In Mixed Performance June 08, 2026 08:46 ET

    Canadian shares are likely to turn in a mixed performance on Monday with investors following Middle East news and reacting to the trend in the commodities markets. Iran-Israel strikes could weigh on sentiment and limit market's upside.

  • Antipodean Currencies Fall Amid Risk-off Mood June 08, 2026 06:06 ET

    The antipodean currencies such as the Australia and New Zealand dollars weakened against other major currencies in the Asian session on Monday, as Asian stock markets traded lower hurt by tumbling technology stocks which mirrored their peers on tech-heavy Nasdaq amid concerns about valuations. Additional...

  • Yen Rises Against Majors June 08, 2026 06:05 ET

    The Japanese yen strengthened against other major currencies in the European session on Monday. The yen rose to near 1-month highs of 184.01 against the euro and 114.58 against the Canadian dollar, from early lows of 185.00 and 115.03, respectively. Against the pound and the Swiss franc, the yen...

  • Australian Dollar Falls Against Majors June 08, 2026 05:21 ET

    The Australian dollar weakened against other major currencies in the Asian session on Monday. The Australian dollar fell to more than a 1-month low of 112.63 against the yen and nearly a 3-week low of 1.6377 against the euro, from last week's closing quotes of 112.97 and 1.6349, respectively. Against...

  • Canadian Stocks Plummet Amid U.S., Canada Jobs Data Releases, Profit Booking June 05, 2026 16:32 ET

    Reversing the gains from yesterday's session, Canadian stocks plunged on Friday amid expectations of tighter monetary policy for an extended period following jobs data releases in Canada and the U.S. In addition, traders resorted to profit taking from yesterday's surge.

  • TSX Down 1.3% As Middle East Tensions, Rate Hike Fears Trigger Sell-off June 05, 2026 10:53 ET

    Canadian stocks tumbled on Friday as stronger-than-expected Canadian and U.S. jobs data raised concerns the Bank of Canada and the Federal Reserve will hold interest rates at elevated levels for a longer duration.

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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