September 7th, 2017 Daily Market Commentary Canadian Headlines The cost of carrying consumer loans is going up after Canadian lenders including Royal Bank of Canada and Toronto-Dominion Bank raised their prime rates following Bank of Canada’s decision. Heavy Western Canadian Select’s discount to WTI futures strengthens most since Aug. 2015 as…
September 6th, 2017 Daily Market Commentary Canadian Headlines The loonie has surged to the highest in more than two years as evidence of economic strength fueled bets on a Bank of Canada interest-rate hike. But the options market is signaling the gains may…
September 5th, 2017 Daily Market Commentary Canadian Headlines The latest Nafta talks are nearing conclusion without a major breakthrough or agreements on even the least-contentious topics, officials familiar with the negotiations say, fueling doubts among observers that a deal can be reached this…
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…
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…
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…
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…
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…
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…
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…
