The National Bank of Canada

KEY RATE INCREASE IN CANADAAs analysts and investors had anticipated, excellent Canadian economic indicators forced the Bank of Canada’s hand, as it raised its key rate to 1.25% yesterday...

Everything has been coming up roses for the euro in recent weeks, as speculation regarding a potential tapering in bond purchases by the European Central Bank has resumed. The single currency has...

The euro is stealing the show this morning, reaching its highest level in three years against the greenback as markets are taking a positive view of progress made in talks to form a coalition...

There was a minor shakeup on markets this morning as China again made headlines by announcing that it is considering reducing or even eliminating its purchases of U.S. bonds, potentially in favour of...

The shockwave set off on Friday by the impressive Canadian job creation reading helped our currency revisit the highs seen in late September 2017. The consistent strength of our job market combined...

Stock markets had a whale of a start to the year with significant gains yesterday. The situation is completely different for the U.S. dollar, which was down across the board.The U.S. dollar is simply...

It came as quite a surprise when the Retail Sales reading for October showed growth of 1.5% compared to a forecast number as low as 0.3%! The strong showing no doubt contributed to a return to...

To date, there appears to be disagreement on the direction that Stephen Poloz and the Bank of Canada (BoC) will take with regard to monetary policy. Some observers will say that the key rate will be...

We got a positive surprise yesterday with U.S. Housing Starts for November, which were up 3.3% compared to an expected -3.1%, which is in keeping with the most recent reports indicating a rise in...

Despite the outlook for another relatively quiet day on the currency market, we will get an opportunity to take the pulse of the U.S. real estate market with the release of Housing Starts and Building...

It’s mission accomplished for outgoing U.S. Federal Reserve Chair Janet Yellen, as she delivered the much-anticipated 25-bp key rate increase yesterday. What’s more, she also confirmed...

No doubt to the great relief of U.S. Federal Reserve officials, we learned yesterday that inflationary pressures had made their way into the manufacturing sector, which climbed 0.4% in November....

After a relatively calm day yesterday, markets are waking up this morning, thanks to a surge in crude oil (Brent), which is up more than 1.5%. These gains stem from the announced closure of the...

At 10 a.m. today, the Bank of Canada will announce its key rate decision. As such, here is an overview of the Canadian economy since the start of 2017 in a few data points:- Gross Domestic Product:...

On Friday, Statistics Canada revealed that 79,500 jobs had been created in November (full time: + 49,900 and part time: +29,000), shattering expectations of 10,000 new positions. The report is...

The Canadian dollar was under pressure Tuesday further to the release of the Bank of Canada’s Financial System Review, which is intended to assess the vulnerability of the Canadian economy in...