The Daily – September 1st, 2017

September 1st, 2017   Daily Market Commentary   Canadian Headlines The loonie soared after Canada’s economy accelerated more than forecast in the second quarter, boosting bets the central bank will increase rates for the second time this year — possibly as early as next week. The Canadian…

The Daily – August 31st, 2017

August 31st, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks rose for a second day, led by industrial, consumer and financial shares ,as the economy of Canada’s largest trading partner grew at the fastest pace in two years. The S&P/TSX Composite Index added 50 points…

The Daily – August 30th, 2017

August 30th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks closed higher, reversing a triple-digit decline as initial fears over North Korea’s saber-rattling eased and materials and industrials shares rose. The S&P/TSX Composite Index added 31 points or 0.2 percent to 15,082.70 after earlier falling…

The Daily – August 29th, 2017

August 29th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks were little changed Monday as the fallout from Hurricane Harvey weighed on oil prices, offsetting the best day for materials shares in seven weeks. The S&P/TSX Composite Index slipped 4 points or less…

The Daily – August 28th, 2017

August 28th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks fell, ending a three-day advance, pressured by energy shares as Hurricane Harvey approached the Texas coast. The S&P/TSX Composite Index lost 20 points or 0.1 percent to close at 15,055.99. The benchmark was up 0.7…

The Daily – August 25th, 2017

August 25th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks rose for a third day on low trading volume as copper prices hit a three-year high, boosting materials shares. The S&P/TSX Composite Index gained 13 points or 0.1 percent to 15,076.16 on volume…

The Daily – August 24th, 2017

August 24th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks rose as U.S. stocks fell, a divergence that hasn’t happened since July, as strong earnings from Royal Bank of Canada boosted financials. The S&P/TSX Composite Index rose 78 points or 0.5 percent to…

The Daily – August 23rd, 2017

August 23rd, 2017   Daily Market Commentary     Canadian Headlines Royal Bank of Canada showed it’s not immune to the trading slowdown that affected U.S. rivals. Revenue from trading at Royal Bank fell 15 percent to C$835 million ($664 million) in the fiscal third quarter,…

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