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5 Things to Know Today: BoC Decision Looms, TSX Sits Near Record Highs

  Saturday, July 11, 2026 Here's what Canadians need to know heading into the week, as markets brace for the Bank of Canada's rate decision and the CUSMA trade file keeps grinding along. 1. The Bank of Canada decides Wednesday, and a hold is all but locked in The Bank of Canada's next rate announcement lands July 15, and virtually every economist on Bay Street expects the overnight rate to stay parked at 2.25% — what would be a sixth straight pause. A stronger-than-expected June jobs report has taken away any urgency to cut, while cooling inflation and lingering trade uncertainty argue against a hike. Expect the accompanying statement to lean on familiar language: steady as she goes. 2. June's jobs report beat expectations, and the jobless rate ticked down Statistics Canada reported employers added roughly 18,000 jobs in June, ahead of forecasts and building on May's much larger 88,000-job gain. The unemployment rate slipped to 6.5%, back to where it stood in Januar...
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Wall Street Awaits Key Nvidia Earnings and Inflation Data

 

Wall Street remained relatively quiet today as investors eagerly anticipate Nvidia’s upcoming earnings report and the latest inflation data from the government. Futures for the S&P 500 edged up slightly by less than 0.1%, while the Dow Jones Industrial Average remained nearly unchanged after setting an all-time high the previous day.

The focus is on Nvidia, a key player in the artificial intelligence sector, which is expected to report significant earnings growth. Analysts predict Nvidia will announce earnings of 64 cents per share, a remarkable 156% increase from the same period last year, with revenue projected at $28.6 billion, up 110% year-over-year.

In addition to Nvidia’s results, investors are closely watching the latest inflation data, which could influence the Federal Reserve’s future monetary policy decisions. The combination of corporate earnings and economic indicators is likely to set the tone for the markets in the coming days.

Stay tuned for updates as these critical reports are released.


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