Trade uncertainty overhangs upcoming bank earnings

Canada’s big banks are set to report third-quarter earnings next week, providing potential insights into the health of the economy as the U.S. trade war creates deep uncertainty.

Bank stocks have seen gains above the broader market in recent months as the initial fear around U.S. tariffs has somewhat eased, while the sector benefited last quarter from a spike in trading revenue from heightened activity in the whipsawing market.