The Daily Commentary

   

The Daily – July 7th, 2017

July 7th, 2017   Daily Market Commentary     Canadian Headlines Canadian stocks fell as financials and materials led a general decline across the market. The S&P/TSX Composite Index slipped 0.5 percent to 15,073.22 at 10:38 a.m. in Toronto on Thursday. Financials fell 0.2 percent…

The Daily – July 6th, 2017

July 6th, 2017   Daily Market Commentary     Canadian Headlines Canadian stocks rose for the first time in three trading days as gains in financials and gold stocks offset a rout in oil prices. The S&P/TSX Composite Index added 23 points or 0.2 percent…

The Daily – July 5th, 2017

July 5th, 2017   Daily Market Commentary     Canadian Headlines Canadian stocks fell, with losses in materials and technology shares offsetting a slight gain in financials amid low trading volume. The S&P/TSX Composite Index dropped 0.3 percent to 15,130.61 Tuesday, when U.S. markets were…

The Daily – July 4th, 2017

July 4th, 2017   Daily Market Commentary     Canadian Headlines Transport Minister Marc Garneau is opening the door for new infrastructure proposals as part of a $2-billion plan to reduce bottlenecks at major ports of entry and modernize the country’s transportation network. Mr. Garneau…

The Daily – June 30th, 2017

June 30th, 2017   Daily Market Commentary     Canadian Headlines Canadian stocks tumbled in a broad-based decline as investors weighed the implications of hawkish comments from central banks around the world. The S&P/TSX Composite Index lost 142 points , or 0.9 percent, to 15,213.42, its lowest…

The Daily – June 29th, 2017

June 29th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks gained as rising bond yields and oil prices injected some life into the lackluster benchmark. The S&P/TSX Composite Index rose 74 points or 0.5 percent to 15,355.58, its first gain of the week….

The Daily – June 28th, 2017

June 28th, 2017   Daily Market Commentary   Canadian Headlines Canada’s economy is booming, though you’d hardly know it from listening to Prime Minister Justin Trudeau. Led by a soaring housing sector and consumer spending, Canada’s gross domestic product is forecast to lead the Group of Seven this year. Jobs numbers are…

The Daily – June 27th, 2017

June 27th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks were little changed as falling gold prices weighed on miners, offsetting gains in the health-care and consumer sectors. The S&P/TSX Composite Index fell 4 points or less than 0.1 percent to 15,316.02. Materials…

The Daily – June 26th, 2017

June 26th, 2017   Daily Market Commentary     Canadian Headlines Slumping crude prices appear set to cut short the loonie’s best run this year. That’s music to the ears of hedge funds that are still near the most bearish on the Canadian dollar in…

The Daily – June 23rd, 2017

June 23rd, 2017   Daily Market Commentary     Canadian Headlines Warren Buffett’s deal to back Home Capital Group Inc. does more than support a struggling mortgage lender — it’s a vote of confidence for a housing market that everyone from investors to global ratings companies…

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