Daily-Wrap

The S&P/TSX Compositeindexis expected to open on a negative note, following weakness in consumer cyclicals and basic materials in the prior session. From a technical standpoint, theindexis hovering near a key risingTrendlineresistance around the 34,100 level, highlighting fragility in the near-term structure and limiting …

Macro Update:Data released by Statistics Canada today revealed that retail sales (excluding autos) increased 0.50% month-over-month in February. Retail sales increased 0.60% month-over-month in March, according to a preliminary estimate. With the timeline for review of the Canada-United States-Mexico Agreement closing in, investors are …

From a technical perspective, theindexis currently hovering near a key risingTrendlineresistance around the 34,200 level, underscoring fragility in the near-term structure and capping immediate upside potential. As long as this resistance remains intact, the overall bias is likely to stay cautious, with room for …

Macro Update:On the economic front, data released by Statistics Canada today revealed that producer prices jumped 2.40% month over month in March following a 0.60% increase in February and above projections of 1.60% with a record 27.40% surge seen in prices of energy and …

From a technical standpoint, theindexis hovering near a key risingTrendlineresistance around the 34,200 level, highlighting fragility in the near-term structure and limiting immediate upside potential. As long as this resistance remains unbroken, the overall bias is likely to stay cautious, with scope for continued …

Macro Update:In Canada, aside from the gulf war, the focus of investors is also glued to the talks on the renewal of Canada-United States-Mexico Agreement onFree Trade. The CUSMA deal that insulates most of the Canadian exports to the U.S. from Trump's tariffs is …

From a technical perspective, theindexis hovering near a key risingTrendlineresistance around 34,200, highlighting fragility in the near-term structure. As long as this level remains unbroken, the overall bias is likely to remain cautious, with scope for continued consolidation or a mild corrective phase. Immediate …