The National Bank of Canada

Italy will begin selling 5 billion euros' worth of 1-year bonds today to test investors' appetite. The country will also begin selling 5-year bonds on monday. It should be noted that the yields, seen...

German Finance Minister Wolfgagng Schauble is reported to have said he is not worried by Italy’s bond spreads (553 basis points above 10-year German bonds) right now because they are similar to...

FACTS: Canada’s merchandise trade balance returned to a surplus for the first time since January, with a C$1.25 bn print for September (top chart), much better than consensus expectations for a...

Summary • We defined a discretionary consumption expenditures concept for the United States. Going all the way back to 1959, we calculated it in chained dollars on a quarterly basis and broke...

Canada – There was a marked deterioration of the Canadian job market in October as it shed 54K jobs, its worst showing since February 2009 when the economy was in recession. All of the losses...

As a result of globalization, more and more companies find themselves exposed to foreign currency fluctuations. The concept of hedging is extremely important as it allows a company to minimize, if not...

It’s a bit like driving a brand new car out of a dealership before being T-boned just a couple of blocks away. That’s how European leaders must be feeling after their newly-crafted...