The National Bank of Canada

In a context in which U.S. yields have risen substantially more than Canadian yields, many observers are looking anywhere for a reason explaining the surprising resilience of the Canadian dollar...

Data released yesterday showed a rise in inflation in the United States, which was well received by investors, who drove North American stock markets to new highs. It is impressive to see that since...

U.S. Federal Reserve Chair Janet Yellen painted a rosy portrait of the U.S. economy to Congress yesterday, hinting that monetary tightening may take place faster than initially anticipated. Ms. Yellen...

Encouraging first meeting between Trudeau and Trump!It was a successful first meeting for Justin Trudeau, with a friendly tone between our Prime Minister and President Donald Trump during their joint...

After a downturn of more than 5% in crude oil prices early on, WTI ended the week essentially unchanged from the week before after the announcements by the International Energy Agency (IEA) and...

CANADA: According to the Labour Force Survey (LFS), employment jumped 48K in January, easily topping consensus which was looking for a decline of 10K. As a result, the jobless rate dropped one tick at...

This is an important day as Justin Trudeau will be meeting with Donald Trump in Washington today. The meeting of the two men is scheduled for 11 this morning and will conclude with a joint press...

Foreign Affairs Minister Chrystia Freeland delivered a warning to her U.S. counterpart Rex Tillerson regarding a Canadian reply to the imposition of tariffs on Canadian exports to the United States....

According to the American Petroleum Institute (API), crude oil inventories are up some 14.2 million barrels over the past week, an increase more than five times analysts’ forecast of a rise of...

It would appear that the political challenges across the Atlantic are helping the greenback, which took advantage of the past two days to regain lost ground against most of the major currencies. For...

Crude oil rose modestly over the past week. WTI oil started the week at 52.77 USD/barrel and finished at 53.05 USD/barrel.Among the items with an impact on markets: President Trump stepped up pressure...

The U.S. dollar took a breather in January, as the new administration in Washington doubled down on its protectionist rhetoric. But still-favourable yields suggest the USD could bounce back sooner...

Range of the Week: 1.2800 – 1.3250The U.S. dollar lost ground against the other major currencies for the fourth straight week to end the month down more than 2.5%, making it the worst January...

President Trump has suffered his first setback in the past few days as a federal judge in Seattle issued an injunction against the executive order blocking entry into the United States by nationals of...

Canada – Real gross domestic product rose 0.4% in November, more than recouping the prior month’s losses (October’s slump was revised from -0.3% to -0.2%). November’s increase...

The U.S. Federal Reserve (the Fed) stayed very cautious yesterday in its monetary policy statement. Nevertheless, indicators are flashing green in the United States. Private sector job creation in...