Market Overview Analysis & Opinion

The economy added 15,400 net new jobs last month and the unemployment rate edged down to 5.8 per cent — but the gains were due to a surge in part-time work that offset a heavy decline in...

U.S. payrolls rose a seasonally adjusted +313k last month, while the unemployment rate held steady atop of its five-month consecutive low of +4.1%.Note: Market expectations were looking for a +205k...

The Canadian Labour Force Survey (LFS) and U.S. nonfarm payrolls (NFP) reports for the month of February will be released on Friday morning.Canadian LFS: With virtually no slack in the labour market,...

The Bank of Canada did what was expected of it on Wednesday, opting not to change its benchmark interest rate from its current level of 1.25 per cent.But in a statement, it seemed to hint at concern...

Speculation rampant about the reasoning behind Trump’s timing Tariffs’ impact appears negative from historical standpoint Market focusing on fears of global trade war Potential trade war...

The Bank of Canada (BoC) left the overnight rate target at 1.25% this morning.Similar to January, BoC officials would prefer to cautiously remove further monetary stimulus over time. This being said,...

Global equities have extended their rebound overnight as investors judge the recent selloff sparked by global trade fears as a tad overdone. U.S. President Donald Trump continues to face mounting...

Canada’s suddenly jittery economy is facing another headwind: wavering consumer confidence.Economic sentiment cooled for a second straight month in February, according to polling by Nanos...

The last 24 hours brought disappointing news for the Canadian economy. First, the pace of economic growth moderated at a faster pace than expected during the second half of 2017 according to this...

The USD moved broadly lower following the announcement that U.S. President Donald Trump intends to place a 25% tariff on steel imports and a 10% tariff on aluminium. That Powell also back-tracked...

All signs would indicate that Jerome Powell attempted to temper his comments from Tuesday when he made his second appearance to testify before the U.S. Senate yesterday. In order to trim some...

Even if new tariffs on steel and aluminum spark an international trade war, President Donald Trump is confident the United States would come out on top.“When a country (USA) is losing many...

Statistics Canada will release real GDP numbers for 2017Q4 and December on Friday, ahead of the Bank of Canada decision next week. The moderate pace of economic growth observed in 2017Q3 likely...

Federal Finance Minister Bill Morneau tabled his third budget today, the third chapter of the inclusive growth agenda.Let us start by reviewing the five-year fiscal outlook, essentially unchanged in...