How January goes could set the market's tone for the rest of 2026 - CNBC

Published: October 20, 2026 at 7:51a.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. LONDON -- The euro rebounded slightly on Tuesday as unrest in France eased overnight, while the pound rose after British jobs data showed signs of a recovery in the labour market. The yen also jumped, snapping a two-day drop, after an auction of longer-dated Japanese bonds drew record demand, pushing the U. S. dollar lower after it rose the day before. In France, authorities set curfews in several cities on Monday to curb nationwide anti-government protests which have plunged President Emmanuel Macron’s final months in office into turmoil. France will remain in the spotlight on Tuesday as the lower house is set to vote on the revenue section of the proposed 2027 budget. Concerns about France’s long-term finances have pushed its bonds lower and weighed on the euro since the start of September. The single currency was last up 0.2 per cent on the day at US$1.1231, after hitting its lowest since May 2025 last week at $1.1113.

Published: October 20, 2026 at 7:44a.m. EDTJames Moore is a former federal cabinet minister under prime minister Stephen Harper and is a contributing columnist for CTVNews.ca. The referendum results in Alberta should mark a turning point for the relationship between not just Alberta and the government in Ottawa, but for Alberta and all of Canada. Canadians outside Alberta have watched and overwhelmingly hoped that the remain side would win. And, I think it is safe to say, that Canadians were both relieved and rejoiced to see that our fellow Canadians in Alberta stood up and stared down those who pushed for a separate Alberta. The process that led to this referendum was driven by Alberta separatists and enabled by a compliant provincial government hoping that a process to vent deep divisions publicly would result in some sort of catharsis that would heal divisions within Alberta’s conservative movement. It likely will not. Live results from the Alberta referendumThe soft separation question of the referendum, about whether to have a definitive referendum on separating from Canada, was overwhelmingly rejected by Albertans.

Published: October 20, 2026 at 5:55a.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. TOKYO — Global shares were mostly lower in cautious trading Tuesday after artificial-intelligence -related stocks bounced back on Wall Street while other sectors continued to be shaky and oil prices stayed high. France’s CAC 40 dipped 0.4 per cent in early trading to 7,836.70, while the German DAX shed 0.7 per cent to 25,134.29. Britain’s FTSE 100 lost 0.6 per cent to 10,703.98. U. S. shares were set to drift higher with Dow futures up 0.3 per cent at 52,332.00. S&P 500 futures gained less than 0.1 per cent to 7,735.25. In Asia, Japan’s benchmark Nikkei 225 declined 1.3 per cent to finish 64,075.42. Australia’s S&P/ASX 200 lost 0.3 per cent to 8,816.90. South Korea’s Kospi dropped 3.7 per cent to 5,552.74, as the frenzy over AI-related issues resulted in a decline. Hong Kong’s Hang Seng fell 1.3 per cent to 23,867.74, while the Shanghai Composite edged up 0.1 per cent to 3,735.37. Analysts say investors are also waiting for the upcoming slew of earnings reports from various major companies.

The bank has a reduce rating on the cloud infrastructure stock.