The National Bank of Canada

No Time Off for Currency MarketsAll signs are pointing to the famous currency war heating up again, with the divergent approaches from various monetary policies increasing. Last Friday, the U.K....

The Bank of Canada Cuts Its Key Rate!It would seem that the decision-makers at the Bank of Canada appreciate being in the spotlight. Yesterday, Governor Stephen Poloz announced a second cut to the key...

After negotiating for almost two years, the international community and Iran reached an accord regarding Iran's nuclear program. In exchange for a gradual lifting of economic sanctions, Tehran agrees...

More Info on the Greek Bailout PlanYesterday the markets were all about Greece. After the announcement that an agreement in principle had been reached Sunday, more details were revealed during the...

A ‘Grexit’ Has Been Averted!Surprise in Europe! After months of difficult negotiations, eurozone finance ministers and the Greek government seem to have found common ground! In order to...

This morning the Shanghai Composite Index is reclaiming part of the ground it had lost recently, but it is still in a major deficit position when considering recent weeks. To avoid a disaster, more...

The Countdown for Greece is On!The situation in Greece continues to captivate the attention of the markets, as European leaders met yesterday in Brussels. Greek Prime Minister Alexis Tsipras has until...

Despite the gravity of the situation in Greece, markets remained relatively calm yesterday. Pullbacks recorded for North American stock markets and the euro were approximately 0.5%, while the widening...

After close to three months in a range of $56 to $62 per barrel, WTI crude is tradingon Monday under $55. This week we will be watching to see if a downward breakthrough from this range will...

On Sunday, 60% of the Greek population voted for the 'No to the European' Plan'. Following the news, the euro lost ground against the major currencies. In Canada, following the release on Tuesday of...

A Decisive No Victory in GreeceOur screens are covered in red this morning, following the decisive victory of the NO side in Greece. After the result was made public, Finance Minister Yanis Varoufakis...

Is Canada in a recession?Numerous Canadian and foreign banks are concerned that Canada may be slipping into a technical recession further to the release of Tuesday’s GDP figures, which saw a...

Tailwinds for the Greenback!With uncertainty looming over the eurozone and the -4% drop in crude oil prices, the U.S. dollar has surged against the loonie, up +2.5% since the week began. It...

Initial polls on how Greeks intend to vote in the referendum on bailout terms calmed investors’ frazzled nerves from yesterday, but not before the turmoil wiped out some $1.5 trillion on world...

After jumping over 1% at the beginning of the week, the DXY index ended the week up by nearly 1.50%. The loonie was not left out of the generalized appreciation of the USD and hence ended the week...

Markets in the red!Economic indicators concerning Canadian Industrial Products, German Inflation and European Consumer Confidence will all be taking a backseat to today’s top story.The...