Canadian shares may open higher on Friday, tracking firm commodity prices, and stronger than expected earnings updates from U.S. lenders JP Morgan Chase and Wells Fargo.
Canadian shares may open higher Thursday morning, extending recent gains, amid slightly easing concerns about interest rates. The focus will be on U.S. consumer inflation data for clues about the Federal Reserve's monetary policy.
Canadian shares look set to open on a positive note Wednesday morning, extending recent gains. However, the mood is likely to remain cautious with investors awaiting the Fed minutes later in the day, and U.
The Canadian market, which will be back in action on Tuesday after an extended weekend, is likely to start on a positive note, tracking Asian and European markets, where stocks gained amid a drop in bond yields, and Fed rate pause hopes.
Canadian shares are likely to open with a positive bias, tracking higher commodity prices and steady European stocks. However, Canadian and U.S. employment data for the month of September will significantly impact the mood on Bay Street.