The Daily

March 27th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks rose the most in three weeks but came nowhere close to matching the gains posted by their U.S. counterparts as trade tensions showed signs of easing. The S&P/TSX Composite Index added 75 points or 0.5 percent to 15,298.56, while the S&P 500 Index gained 2.7 [...]

March 26th, 2018   Daily Market Commentary   Canadian Headlines Quebec’s dogged effort to get its fiscal house in order is rewarding the Canadian province with consistently lower borrowing costs than Ontario, a dramatic departure from the norm that’s prevailed for decades. Quebec government bonds are outperforming their provincial peers, with relative yields trading largely [...]

March 23rd, 2018   Daily Market Commentary Canadian Headlines Canadian stocks fell the most since September 2016 but still managed to outperform U.S. benchmarks amid the growing threat of a trade war with China. The S&P/TSX Composite Index fell 275 points or 1.8 percent to 15,399.93, the lowest close in nearly three weeks. Consumer discretionary shares tumbled [...]

March 22nd, 2018   Daily Market Commentary Canadian Headlines Canada’s equity benchmark gained as energy shares jumped the most since November after an unexpected decline in U.S. crude inventories sent oil prices soaring, while the loonie rallied on growing trade optimism. The S&P/TSX Composite Index rose 0.4 percent to 15,675.28 after gaining as much as 0.8 percent earlier [...]

March 21st, 2018   Daily Market Commentary Canadian Headlines Canada’s stock benchmark closed higher, boosted by technology and consumer discretionary shares, but failed to erase Monday’s tech-driven selloff. The S&P/TSX Composite Index added 27 points or 0.2 percent to 15,616.36. Technology shares were the biggest gainers as they rebounded from Monday’s decline, adding 1.8 percent. [...]

March 20th, 2018   Daily Market Commentary Canadian Headlines Canadian stocks fell the most this month amid a global selloff that also hit crude prices, sending energy shares tumbling. The S&P/TSX Composite Index lost 122 points or 0.8 percent to 15,589.39, the biggest drop since Feb. 28 and the first retreat in eight trading days. Energy [...]

March 19th, 2018   Daily Market Commentary   World Headlines European shares slide as U.S. bond yields rise before Jerome Powell’s first meeting as Federal Reserve chairman later this week. The Stoxx 600 Index slips 0.6% along with U.S. futures. Mining stocks are among the worst-performing sectors after iron ore futures tumbled again on record [...]

March 16th, 2018   Daily Market Commentary   Canadian Headlines A reinvigorated U.S. economy under Donald Trump is a better bet than Canada, where a ticking consumer-debt bomb and declining competitiveness are dragging on asset prices, according to top-performing money managers north of the border. President Trump’s tax cuts and pro-business agenda have revved up growth, stocks [...]

March 15th, 2018   Daily Market Commentary   Canadian Headlines Canadian Prime Minister Justin Trudeau said he’s willing to accelerate Nafta talks to get ahead of U.S. and Mexico election pressures if needed, striking an upbeat tone on the fate of the trade pact. Trudeau, speaking in an interview with Bloomberg Television’s Michael McKee, said he was [...]

March 14th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks gained for a fourth day while the loonie tumbled the most in five weeks after Bank of Canada Governor Stephen Poloz struck a dovish tone. The S&P/TSX Composite Index added 42 points or 0.3 percent to 15,647.14, breaking through its 200-day moving average to [...]