The National Bank of Canada

Foreign investors are scooping up significant quantities of Canadian securities. International Securities Transactions for June, released yesterday, showed that non-Canadian residents accumulated CAD...

Fed opts to keep room to manoeuvreStock markets rose and the U.S. dollar weakened yesterday further to the release of the minutes of the Fed’s July meeting, which confirmed that Fed members want...

Investors question Fed’s intentionsThe U.S. dollar continued to drop Tuesday, as investors have serious doubts that the Fed will move forward with a tightening of its monetary policy later this...

Plunging greenbackDuring a relatively news-free session yesterday, global stock exchanges racked up another positive showing, led by resources, as WTI crude oil gained 2.8% to close the day at $45.74,...

Crude oil prices wavered last week, finally ending the week higher with WTI closing above USD 44 /barrel and Brent at USD 46.97/barrel. Prices for crude dropped on Wednesday, only to bounce back by...

Canada – The Teranet–National Bank National Composite House Price IndexTM rose 2.0% in July, thanks to monthly gains in seven of the eleven regions covered. It was the second largest rise...

Excellent week for the loonie!We had a very lively day yesterday with the strength of oil prices contributing to a sharp rise in the Canadian dollar against most major currencies. According to the...

Oil demand expected to weakenCrude oil had a rough ride yesterday further to the release of data showing higher-than-expected inventories in the U.S. Vacation season is coming to an end and high...

The accommodative monetary policies of central banks are encouraging risk-taking in investors who can hardly be satisfied with the bond market’s low returns. In this context, credit spreads are...

Range of the Week : 1.2900-1.3400Last week our attention was on the release of Canadian and American employment indicators and the Bank of England’s monetary policy decision. Several economic...

Excellent start to the month for the greenback!The U.S. dollar is starting off August strong with the excellent employment data released on Friday that could contribute to a continued bullish trend....

Bank of England does as expectedIs the glass half empty or half full? It would appear that investors opted for the latter yesterday in shrugging off the major increase in U.S. Crude Oil Inventories...

Markets hesitant as we await the Bank of EnglandThe greenback is up this morning across the board (albeit with little conviction) as we await the Bank of England’s key rate decision tomorrow....

Yet another stimulus plan for JapanThere was some action on the central bank front this morning as the Bank of Japan confirmed its plan of fiscal measures totalling 13.5 trillion yen and the Reserve...

Last week was marked by a sharp drop in prices in the energy market. WTI crude, Brent crude and diesel fell 3.55%, 5.05% and 3.54%, respectively. On Friday, July 29, WTI and Brent were trading at...

Dependence on economic dataYou have to wonder if the economic stars will ever align and show the Fed beyond all doubt that the time is right once again to raise its key rate. Such a time looked to be...