Latest news in Research and Markets

Stick figures

U.S. job openings rose in December, pointing to a still-durable labour market

The job market is cooling in a mostly painless way — through fewer openings

Hotter parents have richer kids, research finds

Physical beauty translates into higher earnings across generations, according to NBER paper

Federal Reserve

Inflation has slowed. Now the Federal Reserve faces expectations for rate cuts

Most economists expect the first rate cut to occur in May or June

House of commons

Federal government posts $19.1B deficit for April to November

Compares to a $3.6B deficit over the same period in 2022-23

keys to new home

Cap on student visas should mitigate soaring rents, Macklem says, but economists are skeptical

Average asking rent for December in Canada jumped to a record high of $2,178 per month

China flag

China doubles down on moves to mend its economy

What’s at stake: stable financial markets and a major driver of global economic growth

100-dollar-bill

U.S. inflation slowed in December

The latest data suggests the American economy is achieving a difficult “soft landing”

Mutual fund redemptions slow in December: IFIC

Year over year, redemptions increased 30.5%

  • By: IE Staff
  • January 25, 2024 January 25, 2024
  • 15:44
Green globe

Sustainable bond issuance to hold up: Moody’s

Global issuance for 2024 is estimated at US$950 billion

Direction of stock market.opportunity time.buy and sell.change for chance.positive thinking

Payrolls softened further in November: StatsCan

Growth in average weekly earnings rose in the month

Arrow blocks

U.S. economy grew at surprisingly strong 3.3% pace last quarter

Optimism is growing that the Fed is on track to deliver a rare soft landing

Empty office space

Troubled U.S. office sector a drag on Big Six: DBRS

Ailing sector poses a headwind to earnings, threat to credit quality

Oil barrels

Geopolitical turmoil supports commodity prices, finds Fitch

Red Sea conflict not expected to cause oil price spike amid strong supply, softer demand

Piles of coins

Global dividends forecast to rise, led by banks: S&P

Regular payouts to maintain 4% growth, while variable dividends drop

Tiff Macklem

Bank of Canada holds key interest rate at 5%

The central bank is still open to more rate hikes if inflation doesn’t co-operate

Silhouette of man at sunset

Americans’ economic outlook brightens as inflation slows

A measure of consumer sentiment has jumped by the most since 1991

Provincial economies to diverge in 2024: Desjardins

Commodity producers to hold up better than interest-sensitive regions

U.S. banks’ weak Q4 highlights headwinds: Fitch

Declining net interest income and rising credit stress to weigh on results in 2024

Arrow cube

Institutions to boost private asset exposures: Greenwich

Survey finds institutional investors plan to grow private equity, debt holdings

Euro trading

Boosting European trading data transparency a plus: Moody’s

Policymakers to implement consolidated tapes, ban payments for order flow

Financial stock exchange market display screen board on the street

Canada facing recession, but it’s not the end of the world: Desjardins

Lagging effect of higher rates likely to bite this year, report says

Global growth

Nearly all major central banks to cut rates in 2024: Fitch

However, the rating agency expects a slower pace for those cuts than financial markets are predicting

  • By: IE Staff
  • January 19, 2024 January 19, 2024
  • 10:57

Retail sales fell in November in ‘Black Friday bust’

Canadian consumers are struggling with higher rates, suggests one economist

ESG building blocks

Sustainable funds in U.S. suffer outflows in 2023

Tepid performance as well as regulatory and political factors cooled U.S. investors' appetites

wood cut-outs

Jobless rate remains at record low: OECD

Employment readings largely stable to close 2023