The National Bank of Canada

Since the Bank of Canada’s key rate decision last Wednesday, the USD/CAD pair has shifted gears into correction mode, helped greatly by a technical rebound in crude oil (+9% Friday) and global...

The most important news in North America last week was the Bank of Canada’s decision to maintain its key interest rate at 0.50%, while revising its projected growth for 2016 from 2.0% to 1.4%,...

All eyes on the European Central BankYesterday, the Bank of Canada surprised investors by keeping its key rate unchanged despite the substantial slide in crude oil prices and potentially negative...

Crude oil drops once againThe interlude in collapsing oil prices ended up only lasting one short day. Financial markets are back in the red this morning, with crude oil leading the downward charge....

Chinese data reassure investorsAlthough data indicate that Chinese economic growth slowed late in 2015, the 6.8% GDP reading posted was certainly less disappointing than some pundits had forecast....

The second week of 2016 was hardly more forgiving for the energy markets than the first, with WTI and Brent crude both falling by about 10% to finish the week under $30/bbl. We have not seen prices...

Busy week about to kick offWhile our neighbours south of the border are enjoying a day off in honour of Martin Luther King, we’re diving into a week jam-packed with economic indicators and...

CAD beaten down againThe announcement that U.S. crude oil inventories were up proved the catalyst for still more weakening for the CAD, which closed yesterday below the 70-cent mark. What’s...

Relatively good news from ChinaAll asset classes were hard-hit again yesterday, as even the most upbeat pundits appear to be giving in to concerns. North American stock markets, crude oil and other...

Last week was a historic one in energy markets, with WTI and Brent crude barrels falling to $33.37 and $33.95 (respectively), breaking the lows they set during the Financial Crisis. Both benchmarks...

The stock markets made history last week, but for the wrong reasons as the first week of 2016 proved to be one of the worst year starts on record for North American and European stock exchanges....

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