Latest News

OPEC+ is discussing a mechanism for setting baselines for its 2027 production at a meeting on Wednesday, delegates said, while separate talks due on Saturday could agree a further accelerated oil output hike for July. The group,…

National Bank of Canada NA-T +3.45%increase reported second-quarter profit that beat analysts’ estimates on a boost from capital markets even as the lender ramps up provisions for bad loans. National’s net income decreased by 1 per cent to…

Bank of Montreal BMO-T +2.06%increase reported higher second-quarter profit that beat analysts’ estimates even as the lender set aside more money for loans that could default as tariff tensions weigh on Canadian consumers and businesses. BMO earned $1.96-billion,…

https://www.cnbc.com/2025/05/26/trump-delays-eu-tariffs-but-more-volatility-could-be-on-the-way.html

Monday May 26 U.S. markets closed (Memorial Day) (8:30 a.m. ET) Canadian construction investment for March. (8:30 a.m. ET) Canadian manufacturing sales for March. – Tuesday May 27 China industrial profits Euro zone economic and…

Bank of Nova Scotia BNS-T +0.07%increase reported lower second-quarter profit that missed analysts’ estimates as the lender set aside more provisions for loan defaults as the U.S. trade war puts pressure on consumers and businesses. Scotiabank earned $2.03-billion,…

The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators slumped by more than expected in the month of April. The report said the leading economic index tumbled by…

Australia’s central bank lowered its benchmark rate by a quarter-point for the second time this year as risks to inflation became more balanced, while uncertainties regarding economic outlook increased due to trade protectionism measures. The…

The People’s Bank of China reduced its benchmark interest rate for the first time in seven months to stimulate consumption and support the property market amid soothing trade tensions. The central bank lowered its one-year…