Canadian banks are setting aside around $ 4 billion in loan provisions, a trend that has been accelerating and one that should alarm the Bank of Canada that its monetary policy is choking the economy.

Wall Street has been on a solid rally in May, buoyed by renewed Fed rate cut bets, solid corporate earnings, and the artificial intelligence (AI) boom.

Changes in the market for semiconductors mean changes in the market for many base metals, including silicon, germanium, and gallium, all of which are critical components for semiconductor manufacturing.

Canadian Dollar pivots into high side on Thursday amid fresh risk appetite.