Market Overview Analysis & Opinion

During a trading day that saw little in the way of volatility or news, the Canadian dollar gained ground despite weak crude oil prices. The price of WTI crude oil lost 2% yesterday as Hurricane Harvey...

The S&P 500 index hasn’t seen a 5% pullback since June 2016, which ranks as the longest episode without such a correction since 1996. Many market participants are arguing that we are in a...

The U.S. dollar was under pressure on Wednesday further to President Donald Trump’s comments that he would be prepared to shut down the government if Congress does not raise the federal debt...

The majority expect ECB’s Draghi to refrain from talking about the timing of exit from ultra-loose monetary policy at the Kansas City Fed’s Jackson Hole Symposium, which starts today....

Canadian consumers definitely did their part in June, as shown by retail sales data released yesterday by Statistics Canada. Excluding the volatile automobile sector, retail sales increased by 0.7%,...

Data this morning showed that Canadian retail sales rose for the fourth consecutive month in June, edging up +0.1% to +CA$49.0B.Sales were up in six of 11 sub-sectors, representing +38% of total...

Retail sales rose for the fourth consecutive month in June, edging up 0.1% to $49.0 billion. Sales were up in 6 of 11 sub-sectors, representing 38% of total retail trade.Higher sales at general...

Last week was another very rough week for the Oval Office in the U.S. Even though the announcement from North Korea that it would hold off on its plans to launch missiles toward Guam generated a wave...

Stock markets applauded the most recent reshuffling from the Trump administration on Friday as White House Chief Strategist Steve Bannon, a supporter of protectionist measures and right-wing policies,...

Canada Jul CPI-Common +1.4% y/yCanada Jul CPI-Median +1.7% y/y Canada Jul CPI-Trim +1.3% y/y Canada Jul Total CPI +1.2% y/y Canada Jul Total CPI Forecast at +1.2% Canada Jul Total CPI +0.0% from...

For the first time in quite a while, Canada posted a disappointing result yesterday with a -1.8% slide in June Manufacturing Shipments. Obviously, considering the sound performance over the previous...

Stock markets around the world continued to tumble overnight as capital fled risk markets for defensive havens. The Nikkei, FTSE, and Hang Seng all fell about 1.0 percent, while the DAX and Australia...

The minutes of the most recent U.S. Federal Reserve meeting released yesterday revealed that several members are questioning the reason behind the current low level of inflation. Some are even...

The U.S. economy added to the strength of the greenback yesterday, with retail sales figures showing more growth than anticipated in July. In concrete terms, this was the largest monthly increase of...