The National Bank of Canada

The strong performance by Hillary Clinton against Donald Trump in the first presidential debate had a major impact on markets as some of the Trump-related hedges saw a pullback and the S&P 500...

Last week was marked by volatility in crude oil prices. WTI began the week at USD 43.03/barrel, rising as high as USD 46.51/barrel on Friday and ending the week at USD 44.48/barrel. This volatility...

Busy night in the United StatesThe two leading candidates for the U.S. presidency squared off last night, clashing and trading barbs in the first televised debate. According to CNN, 62% of the 521...

Last week was particularly newsworthy, with several events and indicator releases driving strong movements in major asset classes. The highly anticipated decision by the U.S. Federal Reserve...

Disappointing Canadian economic dataOn Friday, two major data points darkened investors’ outlook on Canada’s economic performance. Core Inflation came in at 1.8% for August, the lowest...

Canada – The consumer price index dropped 0.2% in August, allowing the year-on-year inflation rate to decline two ticks to 1.1%. In seasonally adjusted terms, CPI was down 0.1% as higher prices...

U.S. Federal Reserve needs additional evidenceTo no great surprise, the U.S. Federal Reserve (Fed) left its key rate unchanged yesterday, while taking care to reiterate that it will have to increase...

All eyes on the U.S. Federal ReserveThe greenback is under slight pressure against other currencies this morning further to the unexpected announcement by the Bank of Japan (BoJ) that it would keep...

Calm before the storm?There is little to report this morning with a relative lull prevailing on markets as we await the U.S. Federal Reserve’s key rate decision tomorrow. The only noteworthy...

We were closely watching decisions and comments by many central bankers again last week: Federal Reserve Bank (Fed) of Atlanta Dennis Lockhart, Federal Reserve Bank of Minneapolis President Neel...

Last week energy prices were down slightly on the week. In U.S. dollars, WTI crude, Brent crude and diesel were down 7.0%, 5.3% and 2.5%, respectively. Nigeria and Libya saw their oil production...

Markets remain turbulentFriday’s inflation data out of the United States showed a slight upward pressure on prices, which quickly brought the possibility of an interest rate hike this year back...

A highly active end to summer!Crude oil saw another rough day yesterday further to the release of U.S. petroleum product inventories, which showed a larger-than-expected increase in distillate...

The Canadian dollar had a rough day yesterday, as WTI oil fell 3%. The decline in crude oil prices coupled with anticipated monetary tightening by the Fed is also being felt on currencies from...

Optimism was back on markets yesterday further to comments by U.S. Federal Reserve (“Fed”) officials Lael Brainard and Neel Kashkari hinting that there was no rush to raise the key rate....

Our screens are awash in red this morning as European and Asian markets are down significantly. The correction also continues in crude oil as the futures market is pointing to a bearish opening for...