The National Bank of Canada

For the first time since December, a barrel of WTI is below 50 USD, after losing close to 5.7% in trading yesterday. U.S. inventories are up sharply, which appears to have been the trigger for the...

China is seeking a compromise further to the Americans’ deployment of their THAAD anti-missile system to South Korea, significantly upsetting Chinese authorities. Pyongyang, whose sole ally is...

Crude oil in USD continues to fluctuate within the range established since December. While this zone has held for several months, a technical breakout is becoming more and more likely. Some of the...

A recent report from the Organization for Economic Co-operation and Development (OECD) notes that the global economy may not be robust enough to handle an increase in protectionism (tariff barriers),...

At a business luncheon on Friday, U.S. Federal Reserve (Fed) Chair Janet Yellen confirmed that if economic conditions continued to match the Fed’s expectations, the rate normalization process...

After a difficult start to the year, the U.S. dollar seems to be regaining traction. Hawkish signals from several Fed Governors, including Chair Janet Yellen, prompted investors to adjust their...

Much like stock markets around the world, the U.S. dollar continued to climb yesterday, further to a vote of confidence in the U.S. economy from several members of the Federal Reserve and the...

Three members of the U.S. Federal Reserve (the Fed) spoke on Wednesday and all of them indicated that a rate hike could be in the cards in the short term, although they remained vague as to the...

It appears that investors are growing more convinced that the U.S. Federal Reserve (Fed) will raise its key rate when it next meets in mid-March. The implied probability on bond markets has shot up...

The Canadian dollar was bolstered Friday by inflation data that outstripped economists’ expectations as the introduction of a carbon tax in Alberta and Ontario drove gasoline and natural gas...

CANADA: Retail sales unexpectedly fell by 0.5% in December, with 9 of the 11 major subsectors registering declines, including a 0.9% drop for automobiles. Excluding autos, sales retreated 0.3% as a...

After the publication of Canadian retail sales figures for December, the Canadian dollar appeared to be headed for a day down against the U.S. dollar. While the economists surveyed expected them to...

Nothing seems to be able to stop stock markets with most of the international indices ending their session up once again. The U.S stock market continues to trade at levels never seen before. The...

Yesterday was particularly calm on financial markets, with holidays in the United States and certain Canadian provinces. U.S. stock markets and the Toronto Stock Exchange were closed. European...

Last week was remarkably calm on the currency front, particularly with regard to the USD/CAD pair. Despite a number of surprising developments, the rate did not stray beyond a range of only 100...

CANADA: The Teranet–National Bank Composite House Price IndexTM rose 0.5% in the first month of the year, matching the largest January increase in the 18-year history of the index. Prices were...