Market Overview Analysis & Opinion

Since the release of the Monetary Policy Report (MPR) on January 18th, most global risks to the Canadian outlook remain intact: NAFTA negotiations are expected to begin in the coming months. The...

Markets around the world remain stuck in a holding pattern. Traders still appear to be acting like deer caught in the headlights. The oncoming truck is President Trump's speech to Congress at 9:00 pm...

Stock markets around the world are off to a mixed start this week. Asia Pacific started lower with the Nikkei falling 0.9%. The FTSE, DAX and US index futures are all pretty much flat. Crude oil is up...

Stock markets around the world, but particularly in the U.S. have staged major rallies in recent wee‎ks. Gains were driven by speculation that President Trump would bring in sweeping pro-business...

The main trading action overnight has been in energy markets where WTI and Brent crude oil plus heating oil have all rallied ‎1.4%. Natural gas is up 2.9% despite warm conditions in consuming...

As expected, the minutes from the FOMC January meeting revealed that the Fed is getting closer to hiking rates. The minutes were nevertheless perceived as being relatively hawkish given that the...

North American traders appear to be returning from a long weekend in a good mood with both US stocks and USD in rally mode. US index futures are up 0.25% so far with the FTSE flat and the Dax up 0.5%....

It's a long weekend coming up in the US and much of Canada. ‎I've been thinking that the enthusiasm of traders to hold positions over the weekend would be a true test of whether the current rally...

Upward momentum in stock markets started out strong overnight but has faded into the morning. The Hang Seng rallied 1.2% while the Nikkei gained 1.0% in Asia Pacific trading. In Europe, the FTSE is up...

World Equity markets march higher, then stalled overnight. US index futures, the FTSE and the DAX are all trading flat this morning while the Nikkei fell by 1.1%. Political and monetary developments...

Stock markets remain well supported to start the week. US index futures‎ and the FTSE are flat to up slightly, while the Dax is up 0.7%. In currency action, USD is up slightly against gold and the...

Stock markets continue to steadily climb. The Nikkei stated a big 2.2% catch-up rally but other gains have been more moderate with the FTSE, DAX and US index futures all up about 0.2%. In currency...

Morning finds that once again, the main trading action has played out in currencies rather than stock markets, with a particularly strong focus on Europe.Sterling continues to climb this morning,...

Stock markets have been in the green overnight although momentum appears to be fading a bit into the morning. The Nikkei gained 0.5%, while the Dax is up 0.2%, the FTSE is down marginally and US index...