The National Bank of Canada

Key Rate Decision in CanadaToday, we will be essentially focusing on the Bank of Canada’s Governor Stephen Poloz, who will announce at 10 a.m. the Bank’s key rate decision. Markets are not...

Liberal majority governmentThe Conservative Party led by Stephen Harper have failed in their bid to win on an early election call. Justin Trudeau’s Liberals at last count had 184 seats and...

After posting one of their best performances of the year in the week of October 5, energy prices in U.S. dollars fell sharply over the following five days. WTI, Brent and diesel were down 4.4%, 3.7%...

Sustained Growth in ChinaThe official data released by the National Bureau of Statistics last evening confirmed that the Chinese economy grew by 6.9% during Q3 of 2015. This exceeded market...

Sceptics regarding a potential key rate increase south of the border got new arguments to bolster their case yesterday further to another month of disappointing Retail Sales numbers. Not only did the...

It would appear that Fed Chair Janet Yellen will have her work cut out for her getting members onside for a potential rate increase. Yesterday, a second Fed voting member, Daniel Tarullo, echoed...

The Weekly Economic Watch offers a commentary on developments in the economic environment as depicted by economic indicators released during the week and on indicators to be published in the upcoming...

After a five-week period of consolidation, energy prices finally broke through the upper bound of their trading range. Oil left a range of US$43 to US$48, even rising close to US$51/barrel. The price...

The FOMC’s meeting minutes, released last week, contained more information on the Federal Reserve’s inaction in September. To no one’s surprise, the Fed’s decision to delay...

New signs of a slowdown in ChinaAlthough on Friday, we got confirmation from Statistics Canada that our economy added 12,000 jobs in September, it wasn’t enough to drive the loonie higher. Even...

The rise of crude oil prices lasted for four days. Higher reserve and production levels in the United States cooled the optimism of investors regarding an eventual drop in crude oil production. By the...

Crude oil prices spiked upwards yesterday. It was the fourth consecutive day they recorded gains, something of an achievement in these volatile energy markets. In New York, prices per barrel rose by...

The impacts of the disappointing U.S. job report continue to make themselves felt within financial markets. Encouraged by speculation regarding the prolonged inaction from the U.S. Federal Reserve,...

Energy prices moved in a narrow range again last week, with returns on WTI, Brent and diesel of 0.5%, -0.5% and 0.2%, respectively. For a fifth consecutive week, WTI fluctuated within a range from...

Yesterday, we learned that Canada’s GDP grew 0.3% for July, confirming that the country is already out of recession! Obviously, this helped the loonie, which performed well against the greenback...

U.S. Consumer Confidence came in ahead of expectations yesterday, a fact that was well received by investors and helped inject a little green into our screens! Today is looking to be highly volatile...