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.
Pinnacle Food Group Ltd. (PFAI), a provider of farming solutions, Friday said that it has dismissed its Chief Financial Officer, Wencai Pan, and appointed Yunhao Chen in his stead, effective June 1. Yunhao Chen has been serving as independent director since April 2025 and will cease to serve in this...
Canadian stocks are likely to open with a negative bias on Friday amid concerns over rising tensions in the Middle East, and on reports Hezbollah has rejected a new ceasefire agreement with Israel. Investors will also be reacting to Canadian and U.S. jobs data for the month of May.
The Japanese yen weakened against most major currencies in the European session on Friday, traders are skeptical that the BoJ would raise interest rates in the policy meeting on June 16. Concerns persist over whether the Bank of Japan (BoJ) will raise interest rates during the June 16 policy meeting. Later...
The Japanese yen weakened against most major currencies in the European session on Friday. The yen fell to a 3-day low of 186.21 against the euro, from an early high of 185.70. Against the pound, the Swiss franc and the Canadian dollar, the yen slipped to 2-day lows of 215.40, 203.14 and 115.30...
The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday, as traders remain cautious amid mixed signals from the U.S.-Iran peace talks after news of Lebanese armed group Hezbollah emphatically rejecting the terms...
The Australian dollar weakened against other major currencies in the Asian session on Friday. The Australian dollar fell to more than a 2-week low of 1.6340 against the euro and a 4-day low of 0.9885 against the Canadian dollar, from yesterday's closing values of 1.6340 and 0.9917, respectively....
Saputo Inc. (SAP.TO) said on Friday that its net earnings from continuing operations rose in the fourth quarter, helped by higher adjusted EBITDA and lower restructuring costs. Revenues, however, fell 5.5 percent from the prior year. The Canadian dairy company reported fourth-quarter net earnings...
Reversing the slump from yesterday's session, Canadian stocks soared on Thursday amid rising expectations of de-escalation in the Middle East after Israel and Lebanon agreed to renew the ceasefire. Separately, the U.S. and Iran confirmed the continuation of peace talks to resolve hostilities.
The Canadian stock market's benchmark S&P/TSX Composite Index climbed to a new record high Thursday morning, rebounding strongly from previous session's setback. The mood in several markets across the globe turned a bit positive following Israel and Lebanon agreeing to renew their fragile ceasefire after days of intensified attacks in southern Lebanon.
Canadian stocks are likely to open on a mixed note Thursday morning with investors focusing geopolitical news. While news about Lebanon and Israel agreeing to implement ceasefire is likely to aid sentiment, concerns about the ongoing tensions in the Middle East due to strikes by U.S. and Iranian forces could hurt, forcing investors to stay cautious.
The euro strengthened against other major currencies in the European session on Thursday, as market sentiment improved following the announcement of a truce in Lebanon, despite the release of weak Eurozone retail sales report. Israel and Lebanon agreed to implement a ceasefire. Lower oil prices...
The euro strengthened against other major currencies in the European session on Thursday. The euro rose to a 4-day high of 0.8656 against the pound, from an early low of 0.8642. Against the U.S. dollar, the Swiss franc and the yen, the euro advanced to 1.1631, 0.9191 and 185.96 from early lows...
The Canadian dollar weakened against other major currencies in the European session on Thursday, as investor mood was negatively impacted by the escalation of international trade and the conflicts in the Middle East. New attacks in the Middle East stalled the signing of a U.S.-Iran peace agreement,...
The Canadian dollar weakened against other major currencies in the late Asian session on Thursday. The Canadian dollar fell to a 2-month low of 1.3921 against the U.S. dollar, nearly a 2-week low of 114.85 against the yen and nearly a 2-month low of 1.6155 against the euro, from 1.3987, 115.14 and...
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.