The Canadian dollar continues to strengthen and is up another 0.3% against USD this morning. The Loonie is now at the highest level since early March. The reason for the…
The GDP figures for the first quarter, for March, and for April were all “bad” but within expectations. GDP dropped at an annualized 8.2 per cent in the first quarter. …
The Canadian dollar is holding steady this morning as the market considers various economic and geopolitical issues on the horizon. The loonie has gained 1.4% so far this week as…
It is a mixed day in the markets. Tech stocks are down heavy but other sectors are mostly up. Oil is down for the first time in a while. Rates…
Optimism abounds in financial markets today. Two companies reported progress in developing a COVID-19 vaccine. Also, the economic reopenings have so far proceeded without significant setbacks. The level of optimisim…
With the markets closed in the US and UK, we expect little movement today. The loonie is currently trading at right around Friday’s closing levels. Equities are up in Asia…
China, China and China. The Canadian dollar is down 0.4% and it has everything to do with news out of and about China. First trade and geopolitical challenges between China…
After two big up days and one big down day, the markets are taking a breather this morning. The USD CAD exchange rate is flat. US jobless figures came in…
Canadian inflation data did not provide any new insight into the state of the economy. CPI was down YoY in April, as expected, and deflation remains a risk but no…
The markets were closed on Monday in Canada but not anywhere else and it was a very big day in the financial markets. News of progress on a vaccine candidate…