digital asset management

August 19th, 2019 Daily Market Commentary Canadian Headlines Canadian stocks recovered some losses after a two-day slump, following U.S. stocks higher as investors got a break from a tumultuous week of concerns regarding trade. The S&P/TSX Composite Index rose 0.9% Friday. Pot shares led most of Canada higher, with only materials stocks lagging. TheScore Inc. jumped 10.2% [...]

August 16th, 2019 Daily Market Commentary Canadian Headlines Shopify Inc.’s scorching rally and Lightspeed POS Inc.’s successful trading debut this year are throwing the spotlight on who might be the next Canadian tech star to go public. A total of C$1 billion ($751 million) was invested in 142 venture capital deals in the first quarter, up 48% from [...]

August 15th, 2019 Daily Market Commentary Canadian Headlines Prime Minister Justin Trudeau was plunged back into the biggest scandal of his term just two months before elections, after the nation’s ethics watchdog ruled he inappropriately interfered in a judicial matter. In a report released Wednesday, Ethics Commissioner Mario Dion said Trudeau sought to pressure his former attorney [...]

August 14th, 2019 Daily Market Commentary Canadian Headlines Prime Minister Justin Trudeau has forged a comfortable lead over his main political rival on the crucial question of economic stewardship, giving the Canadian leader a critical advantage in his bid for re-election in October. According to a monthly survey conducted by Nanos Research Group for Bloomberg News, 37% [...]

August 13th, 2019 Daily Market Commentary Canadian Headlines Canadian stocks fell with U.S. equities as political unrest in Hong Kong and Argentina fueled a rally in global bonds, continuing to raise the specter of a looming recession. The S&P/TSX Composite Index fell 0.6% to 16,237.77 on Monday, with all 11 sectors declining, led by consumer discretionary and [...]

August 12th, 2019 Daily Market Commentary Canadian Headlines Barrick Gold Corp. Chief Executive Officer Mark Bristow says the global miner continues to target $1.5 billion of asset sales by the end of next year. Barrick is still engaged in selling its 50% stake in the Kalgoorlie mine to partner Newmont Goldcorp Corp., but it hasn’t received an [...]

August 9th, 2019 Daily Market Commentary Canadian Headlines Sun Life Financial Inc. reached its lowest ever coupon for any of its bonds with the issuance of its first sustainable notes in a fresh sign that demand for such debt is increasingly driven by general investors scratching for some yield above inflation. The Toronto-based insurer priced C$750 [...]

August 8th, 2019 Daily Market Commentary Canadian Headlines With global stocks roiled by the U.S.-China trade brawl and a dimming outlook for global growth, strategists say one market should hold up better than most -- Canada. The benchmark S&P/TSX Composite index has lost 0.9% since the end of July compared with a 3.2% slide in [...]

August 7th, 2019 Daily Market Commentary Canadian Headlines Canadian stocks played catch up with a global rout following Monday’s holiday, with the nation’s benchmark falling the most this year before paring losses. The S&P/TSX Composite Index fell 0.8% on Tuesday, extending its slump for a sixth straight session -- its longest losing streak since Sept. [...]

August 6th, 2019 Daily Market Commentary Canadian Headlines Toronto home sales and prices continued to move higher in July amid tight supply. Sales in Canada’s biggest city jumped 24% to 8,595 from the same period last year, the Toronto Real Estate Board said in a report Tuesday. On a seasonally-adjusted basis, sales rose 5.1% from June, the [...]