Latest news in Research and Markets

Inflation scale

Canada’s inflation rate hits 2% target

It's the lowest level of inflation in more than three years, data show

Modern bank towers in the late afternoon

Fed rate cuts to hit banks’ income: Moody’s

Asset quality, fee revenues to benefit as net interest income weakens

German colours against chart

Share buybacks fall amid financial stress

Pressure on corporate cash impedes global buybacks, S&P says

Manufacturing

Manufacturing sales up in July: StatCan

The increase was driven by higher sales in petroleum, coal and chemical product subsectors

Man signs a mortgage

Canada’s housing market in ‘holding pattern’: CREA

Prospective buyers may be holding off given lower interest rate forecasts, economist says

Heavy weight

U.S. corporate debt retreats from record highs

Both investment grade and speculative companies saw debts decline: S&P

Canadian money

Higher interest costs chew up wage gains: NBF

Consumer spending stays weak, despite rising incomes

Alberta flag

Smith says an Alberta pension plan estimate from the feds will spur hard questions

Canada's chief actuary is scheduled to deliver the estimate sometime this fall

China flag

China raises its retirement age

The previous retirement ages were set when life expectancy was only around 40 years

Stacking interest rate blocks

Canadians’ net worth edged higher in Q2: StatCan

Household assets top $20 trillion, as financial assets climb

Falling inflation

BoC has space to pick up the pace: CIBC

Central bank will need to accelerate easing to avoid recession, economist says

Arrow cube

G20’s GDP growth ticked down in Q2: OECD

Stronger growth in U.S., China and India led the way

Stock markets going up and down

After volatility in Q3, investors must tread carefully

Market uncertainty calls for neutral portfolio positioning, rebalancing

  • By: Steve Locke
  • September 11, 2024 September 11, 2024
  • 15:30
Job search

Jobless rate stable in July, OECD reports

Unemployment has since risen in Canada, but remained at record lows in Europe

China flag

European business confidence in China is at an all-time low: report

European Business in China Position Paper calls on China to open its economy

Falling inflation

U.S. inflation reaches three-year low

It was the fifth straight annual drop and the smallest since February 2021

Federal Reserve building

Fed to be slow and steady in easing rates

Fitch boosts U.S., world forecast for 2024, expects slowing in 2025

wallet and cash

U.S. corporate liquidity declined in Q2: S&P

Both investment and speculative grade companies saw cash ratios drop

Apartment building

Average rent in Canada up 3.3% in August on annual basis: report

Rent increases in smaller markets outweighed declines in big cities

Euro map

Report offers solutions for Europe’s sluggish economy

The question is, how many of its recommendations will the EU act on?

home building

Labour shortage in construction impacting feds’ housing plan: report

Elevated interest rates, inflation have also increased the cost to finance projects

Tiff Macklem

BoC governor urges Canada to reduce trade barriers

Shifting supply chains represent risks, opportunities for Canadian business: Macklem

Arrow up

U.S. bankruptcies up in August: S&P

Consumer discretionary sector leads in insolvency filings

Household debt burden

Savings no salvation for coming mortgage crunch

Households that face looming stress aren't the ones with extra savings, CIBC cautions

empty wallet

Household finances improve in Q2: Fitch

Credit card performance picks up, yet strains remain