Daily-Wrap

From a technical standpoint, the index continues to trade below a key rising trendline resistance near the 33,500 level, highlighting ongoing fragility in the near-term structure. As long as this resistance remains unbroken, the overall bias is likely to stay cautious, with scope for …

From a technical perspective, the index continues to trade below a key rising trendline resistance near the 33,400 level, underscoring persistent fragility in the near-term structure. As long as this barrier remains intact, the broader bias is likely to stay tilted to the downside, …

Macro Update:Data released by S&P Global showed the Canada Manufacturing Purchasing Managers' Index fell to 50.0 in March from 51.0 in the previous month, hinting at stagnation in manufacturing sector performance and ending a two-month period of improvement. According to the report, output declined …

From a technical perspective, the index remains capped below a key rising trendline resistance near the 33,100 level, highlighting continued fragility in the near-term structure. As long as this barrier holds, downside risks are likely to persist, with the possibility of further consolidation or …

Macro Update:Data released by Statistics Canada today revealed that Canadian Gross Domestic Product expanded by 0.20% in February of 2026, according to a flash estimate. Higher output in manufacturing, mining, quarrying, and financial services offset contractions in agriculture and forestry. While maintaining its benchmark …

However, from a technical standpoint, the index continues to trade below a key rising trendline resistance near the 32,950 level, signalling ongoing fragility in the near-term structure. As long as this barrier remains intact, downside risks are likely to persist, with the potential for …

Macro Update:On the monetary front, in an extended speech at Harvard University, U.S. Federal Reserve Chair Jerome Powell stated that inflation expectations are grounded and well-anchored despite increasing oil and energy prices and hence viewed that the central bank need not hike interest rates.