Canadian shares are likely to see a mixed start on Thursday, tracking European stocks and commodity markets, in addition to reacting to the latest batch of economic data and earnings updates from major U.
Canadian shares are likely to open on a firm note on Wednesday, tracking positive global cues thanks to tamer-than-expected consumer price inflation data from the U.
Canadian shares look headed for a muted start on Monday with investors looking for direction. With U.S. inflation data due later in the week, the mood is likely to remain a bit cautious.
Canadian shares may open on a negative note on Friday, hurt by hawkish comments from Federal Reserve, Bank of England and European Central Bank officials, and lower metal prices.
Quarterly earnings and U.S. economic data are likely to set the trend for Canadian shares on Thursday. After three successive days of declines, some bargain hunting is likely in several frontline stocks.