The Daily Commentary

   

The Daily -March 8th, 2018

March 8th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks retreated slightly as the Bank of Canada kept borrowing costs on hold and indicated there’s no rush to pursue rate hikes amid rising global trade tensions. The S&P/TSX Composite Index fell almost 3 points, or…

The Daily -March 6th, 2018

March 6th, 2018   Daily Market Commentary   Canadian Headlines President Donald Trump has turned his steel tariffs from a tool for protecting national security into a bargaining chip offered to Canada and Mexico to seal a quick deal on Nafta. Trump’s top negotiator, Robert Lighthizer, said Monday…

The Daily -March 5th, 2018

March 5th, 2018   Daily Market Commentary   Canadian Headlines The world’s biggest money manager is breaking from consensus, saying the Bank of Canada will increase interest rates only once more in 2018 — if that. While none of the 21 analysts surveyed by Bloomberg…

The Daily -March 2nd, 2018

March 2nd, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks fell further after posting their worst month since December 2015, with consumer discretionary and industrials losing the most ground. The S&P/TSX Composite Index fell 49 points or 0.3 percent to 15,393.95, the lowest…

The Daily -March 1st, 2018

March 1st, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks fell 3.2 percent in February, their worst month since December 2015, after Wednesday’s losses accelerated through the afternoon. The S&P/TSX Composite Index lost 229 points or 1.5 percent to 15,442.58, the biggest drop…

The Daily -February 28th, 2018

February 28th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks closed lower after oil prices tumbled, while the loonie weakened to the lowest point of 2018 as investors awaited the federal budget. The S&P/TSX Composite Index lost 44 points or 0.3 percent to…

The Daily -February 27th, 2018

February 27th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks closed at the highest since Feb. 1, the day before the recent rout began in earnest, as all but one sector gained. The S&P/TSX Composite Index added 76 points or 0.5 percent to…

The Daily -February 26th, 2018

February 26th, 2018   Daily Market Commentary   Canadian Headlines Evidence of mortgage fraud amid surging home prices and household debt has prompted S&P Global Ratings to lower a key risk metric for Canadian banks. The credit ratings agency dropped its economic risk assessment by…

The Daily -February 23rd, 2018

February 23rd, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks were unable to hold onto earlier gains, closing lower as consumer staples and financials weighed on the benchmark and bond yields tumbled. The S&P/TSX Composite Index lost 16 points or 0.1 percent to…

The Daily -February 22nd, 2018

February 22nd, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks closed at the highest level since Feb. 2 as financials gained the most since April ahead of bank reporting season, which kicks off Thursday morning. The S&P/TSX Composite Index added 85 points or…

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