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Bay Street May Open On Mixed Note; Materials Stocks Likely To Move Higher

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Canadian shares are likely to open on a mixed note on Monday, tracking commodity prices. Concerns over a possible U.S. government shutdown could weigh on sentiment.Oil prices are down sharply, while gold, silver and copper are all up with notable gains.In corporate news, Russel Metals Inc. (RUS.TO) announced that it will acquire seven service center locations from Kloeckner Metals Corporation for ...

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Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

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