The National Bank of Canada

Canada – The Survey of Employment, Payrolls and Hours (SEPH), which queries businesses, showed jobs were up 25K in March over February. Employment in the goodsproducing industries was...

court markets. On Friday, Fed Chair Janet Yellen confirmed that a gradual tightening of monetary policy is being considered over the next few months. It is worth noting that prior to its first rate...

Last week, Goldman Sachs (NYSE:GS) officially switched its opinion of the oil market, shedding its largely bearish view and becoming bullish. The influential bank highlighted unexpected supply...

Bank of Canada maintains courseIt came as little surprise when the Bank of Canada announced yesterday that it would keep its key rate at the current 0.5%. However, the BoC’s tone was slightly...

Investors appear to be gradually coming to terms with the idea that interest rates will be rising in the United States. The S&P 500 climbed 1.15% yesterday, closing the day just shy of the peaks...

More news from the FedTwo regional Federal Reserve Presidents, John Williams of the San Francisco Fed and Patrick Harker of the Philadelphia Fed, stated yesterday that two or three interest rate hikes...

Canada – Retail sales fell 1% in March disappointing consensus which was expecting just a 0.6% decline. In March, sales fell in six of the 11 subsectors, including a 2.9% drop for autos/parts...

Canadian inflation on the menu todayMarkets are in somewhat of a lull this morning, as observers continue to digest the most recent comments from the Fed. European stocks are in positive territory,...

U.S. inflation under the magnifying glassThere’s little news to report this morning, with crude oil hovering close to its recent high as markets expect further declines in inventories. With an...

Canada – Housing starts fell 5.4% to reach 191.5K in April. That was roughly in line with consensus expectations. The decrease in starts was felt in both urban (-4.6%) and rural areas (-12.5%)....

Profit-taking in the energy marketYesterday was another eventful day for our team, as the loonie struggled against the greenback. The USD/CAD pair is now up 4.3% from its low point on May 2. It...

Crude gave up some of its recent gains last week, with WTI falling by 2% and Brent by 4%. Both benchmarks are currently trading close to 45 USD/bbl., and are up 20% year-to-date.One of the most...

Canada – Employment declined 2K in April according to the Labour Force Survey, essentially in line with consensus calling for a 1K rise. The jobless rate remained unchanged at 7.1% as the...

Greenback continues to rise!Despite disappointing job figures released on Friday, the U.S. dollar has just enjoyed its best week of the year, with gains against all its major rivals. In an interview...

Focus on job data in Canada and the United StatesCrude oil began to rise again Thursday, bringing stock markets along with it for a large part of the trading day, although the loonie mainly treaded...

Loonie loses steamThe sharp correction in the Canadian dollar stretched into its second day on Wednesday, with a loss of more than 1.1% vs. the greenback. The loonie has now fallen to third place...