Higher Canadian and U.S. futures point to a positive start for stocks in the Canadian market Thursday morning. Bargain hunting after the sharp setback in the previous session is also likely to lift the market up.
Canadian shares are likely to open on a mixed note Monday morning, tracking commodity prices, and Asian and European stocks. With data on Canadian consumer and producer price inflation for the month of November due on Tuesday, the mood is likely to remain a bit cautious.
Canadian shares are likely to open on a mixed note on Tuesday, tracking global stocks and commodity prices. The focus will be on U.S. consumer price inflation data, and the upcoming monetary policy announcement from the Federal Reserve.
Canadian shares look headed for a muted start Monday morning, amid a lack of positive triggers. With several central banks, including the Federal Reserve, scheduled to announce their monetary policy decisions this week, the mood is likely to remain cautious.