Market Overview Analysis & Opinion

After increasing the overnight rate target by 25 basis points twice last summer, the Bank of Canada hit the brakes this fall. While the Canadian economic outlook is still uncertain due to uncertainty...

Wednesday October 25: Five things the markets are talking aboutLater this morning, the Bank of Canada (BoC) will release its rate statement and quarterly monetary policy report (10 a.m. EDT). No rate...

Bank of Canada expected to stand pat on WednesdayThe U.S. dollar is trading higher against most major pairs. The EUR is the outlier as the USD is down against the single currency ahead of the European...

by Jesse CohenWith the Federal Reserve widely expected to raise interest rates in December for the third time this year, market players are looking to see who will replace Janet Yellen as Fed...

Economic momentum is fading. Last Friday's release of the Canadian retail sales report showed a rare back-to-back decline in the volume of sales for the months of July (-0.1% m/m) and August (-0.7%...

In a context devoid of major events, the greenback managed to gain ground yesterday against the other major currencies. Among the sources of support, one could note the impression that progress is...

The EUR (€1.1764) continues to be trading somewhat unaffected by political uncertainty in Catalonia. Instead, all investor eyes are on the prospect of the European Central Bank (ECB) announcing...

The Canadian dollar was softer on Monday after last week’s events boosted the USD against the loonie. Tax reform optimism and a message from the Trump administration that a Fed Chair candidate...

Wholesale sales rose 0.5% to $62.8 billion in August, led by the personal and household goods and motor vehicle and parts sub-sectors.Sales were up in four of the seven sub-sectors, together...

By Jason MartinWhile traders widely anticipate the Federal Reserve to undertake the next increase in interest rates in December, there is one hike that policymakers and markets seem to have forgotten...

Canadian retail sales unexpectedly fell in August due to the biggest month-over-month drop in purchases of food and beverages in three-years.Headline retail sales fell -0.3%. Market expectations were...

Late in the day yesterday, rumours surfaced that U.S. President Donald Trump was considering naming Jerome Powell to replace Janet Yellen as Chair of the U.S. Federal Reserve, which shook up the...

The Canadian dollar is almost unchanged in the Friday session, as USD/CAD stays close to the 1.25 line. In European trade, the pair is trading at 1.2488, up 0.03% on the day. On the release front,...

The collapse of the North American Free Trade Agreement would likely damage yet not derail the continent’s economy and business models of global corporations.That’s the conclusion of...