Higher Canadian and U.S. futures, and rising crude oil and bullion prices point to a positive start on Bay Street Monday morning. Optimism about rate cuts by the Fed and several central banks in Europe is also expected to aid market's rise.
Canadian shares look headed for a mixed start Tuesday morning with investors tracking commodity prices, and a slew of earnings updates from Canadian and U.S. companies.
Canadian shares are likely to open with a negative bias on Thursday, weighed down by weak guidance from Facebook parent Alphabet, and disappointing results from IBM.
Slightly higher Canadian futures point to a positive start for the Canadian market Tuesday morning. Encouraging economic data from Europe may also aid sentiment.
Canadian shares are likely to open higher on Monday amid slightly easing concerns about inflation and interest rate outlook, and easing fears of a wider Middle East conflict following Iran and Israel completing 'measured' counterattacks that were calibrated to avoid any casualties.