Latest news in Research and Markets

Graphic of U.S. currency

JPMorgan chief warns of threats to U.S. economic resilience

Jamie Dimon says inflation, political polarization, wars creating risks not seen since Second World War

  • By: Ken Sweet
  • April 8, 2024 April 8, 2024
  • 12:01
binoculars

Geopolitics, rate uncertainty clouds forecasts

Credit conditions expected to improve, but risks abound, S&P says

Empty chairs

Expectations of a June rate cut solidify with weak job numbers

Canada’s unemployment rate jumps to 6.1% in March

Now hiring sign

U.S. employers added a sizzling 303,000 jobs in March

The unemployment rate has come in below 4% for 26 straight months

increase

Canadian capital markets activity rises in Q1

RBC Capital Markets leads both debt, equity league tables

saving for a home

Home prices could reach peak levels by next year, set new highs in 2026: CMHC

Declining mortgage rates, strong population growth will help spur a rebound in sales and prices

Merger puzzle pieces

U.S. bank M&A weak amid tougher scrutiny

Consolidation on hold as valuations sag, regulatory oversight intensifies

Vacation pay

Commercial real estate a growing risk: Fitch

U.S. bank failures possible, particularly for smaller banks with higher exposures

Investment banking

Debt deals drive global investment banking fees

Trio of Canadian dealers climb global league tables

Federal Reserve building

Powell: Fed still on track to cut rates

Says recent data showing signs of persistent inflation don’t materially change the overall picture

Equities dominate Canadian ETF flows in Q1

AI products gain favour, while crypto ETFs see outflows

home sale

Home sales in Toronto, Vancouver down in March

Toronto sales down 4.5%, Vancouver down 4.7%

digital euro

Inflation falls more than expected in Europe

Price rises slow down in two biggest economies: Germany and France

Manitoba to claw back basic personal amount above $200K

Province also extends gas tax cut by three months, doubles the fertility tax credit and changes property taxes

Building graph

Global capital markets enjoy strong first quarter

Debt markets post record first quarter while U.S. leads equity-offering rebound

Canadian pensions strengthened solvency in Q1: Mercer

Improvements were due to strong equity performance and interest rate increases

A silhouetted businessman stands on top of a mountain peak and looks into the distance with a spyglass in front of a dramatic sunset in the distance

Firms, consumers more optimistic about economy amid expected rate cuts

And a Deloitte report finds Canada could dodge a recession

diversity

Immigrants outworking those born in Canada

Positive workforce trends to cushion impact of aging population

China flag

China to struggle to meet growth goals: Fitch

Continuing property market challenges to weigh on GDP growth

jobless puzzle pieces

Labour market holding up, for now

Payrolls, weekly earnings, labour demand rose in January, StatsCan reports

Arrow blocks

Real GDP up 0.6% in January as Quebec strikes end

Momentum may have extended into February

outline of people

Economic questions loom as demographics shift

Curbing temporary workers to ease pressure on housing will hurt growth

Chinese leader issues positive message at meeting with U.S. business leaders

Xi Jinping calls for closer trade ties with the U.S.

Building under construction

Housing starts stable, but demand still outpacing growth of supply

CMHC says construction of new homes in Canada's six largest cities remained near all-time highs last year

housing costs

Business leaders say housing biggest risk to economy: KPMG survey

Housing issues are forcing businesses to boost pay to better attract talent