The National Bank of Canada

Major stock markets, which reached record levels this week, saw a slight downturn Thursday, and the U.S. dollar edged up slightly after a rough start to the week. Despite the larger-than-expected drop...

The greenback remained under pressure and the USD/CAD pair broke through the 1.2500 level further to the release of the minutes of the most recent Federal Open Market Committee meeting, which were...

The scope of the impact of Hurricanes Harvey and Irma on U.S. jobs was greater than expected in September, as the country’s economy suffered its first contraction in monthly job data in seven...

A great deal of volatility is expected this morning as investors will be paying close attention to Canadian and U.S. job creation figures. Analysis of the U.S. data will be difficult given the effects...

The recent statement by U.S. President Donald Trump opening the door to wiping out Puerto Rican debt in the wake of the destruction wrought by Hurricane Maria on that island had an impact on Puerto...

The currency market is shaping up to be relatively calm again today as investors eagerly await the release of Canadian and U.S. job data on Friday. Prices for WTI crude oil had a rough start to the...

Data released Monday showing a rise in prices in the ISM Index lent support to the greenback, which continues to rally against all of the major currencies. Investors are currently pricing the...

Despite a chaotic run-up and a legal ban, a strong majority of Catalans voted in favour of independence. Catalonia represents 16% of Spain’s population and stands out due to its enviable...

Much like summery weather in central Canada, the wave of optimism regarding the USD in the wake of U.S. President Donald Trump’s tax reform announcement and the encouraging speech by U.S....

Bank of Canada Governor Stephen Poloz did not displease Canadian exporters. In summary, his message was that the Bank of Canada will be cautious in its approach after two key rate increases this year....

Major central bank decision-makers have been keeping us quite busy this week. Yesterday, U.S. Federal Reserve Chair Janet Yellen announced that even though inflation remains weak and is difficult to...

The start of the week was favourable to euro buyers. Yesterday morning, European Central Bank President Mario Draghi announced that he would reassess the level of monetary stimulus needed in Europe...

Chancellor Angela Merkel’s centre-right party not surprisingly won a fourth mandate to lead Germany. However, elections were marked by a breakthrough for the anti-immigration Alternative for...

Further to yesterday’s comments, U.S. Federal Reserve Chairman Janet Yellen addressed the following themes yesterday:- Is a rate hike potentially in the cards in 2017? YES, the Fed is still...

Deputy Bank of Canada Governor Timothy Lane had criticized the BoC for raising its key rate on Sept. 6 at a meeting with no scheduled press conference. Yesterday, he took advantage of a speech in...

Friday’s news out of the United States was not good: Retail Sales and all sub-components of that index came in well below expectations. However, the market’s mind is elsewhere. Even North...