Latest news in Research and Markets

wood cut-outs

Jobless rate remains at record low: OECD

Employment readings largely stable to close 2023

inflation at the grocery store

TFSA usage drops as Canadians cope with higher cost of living: BMO

One in four deferred investing to pay down debt amid high interest rates, according to a survey

China flag

China’s outlook dims after outperforming in 2023

Real GDP in China grew by 5.2% last year but is expected to slow in the year ahead, Desjardins says

Container Cargo ship and Cargo plane with working crane

Red Sea conflict latest test for global supply chains

Disruption to key global shipping lanes has varied credit impacts, DBRS says

Use of alternative data grows, with increased interest in AI: report

While more investors said they're using alternative sources, the costs of such data may be coming down

Britain’s unexpected inflation increase in December is unlikely to worry the Bank of England

Inflation was 4% in December, up from 3.9% the month before, the first increase in 10 months

Power Corp. and Mackenzie increase stake in China AMC

China’s population falls for a 2nd straight year as births drop even after end of one-child policy

Long the most populated country in the world, China dropped into second place behind India in 2023

Retail sales

Retail sales up strongly in December as Americans showed continued willingness to spend

The report suggested that shoppers will be able to keep fuelling economic growth this year

a man on a precipice

Stocks in for a positive year with rate cuts, economic recovery in sight: Edward Jones

Strategist sees a rotation back into defensive stocks and cyclical sectors

Wrestling inflation

Canada’s annual inflation rate accelerates to 3.4% in December, complicating path for BoC

The Bank of Canada is expected to hold its key interest rate at 5% next week

Miniature House on A Financial Graph

Home sales expected to rebound as rate cuts begin, but experts urge caution

Meanwhile, asking rents jumped 8.6% in December to hit record $2,178

Bitcoin cyptocurrency

Banks embrace bitcoin ETFs at their peril: Morningstar DBRS

SEC approval clears the way for mainstream industry to get into crypto, but risks remain

Building under construction

Canada caught in ‘population trap’ of its own making: NBF

Population growth must slow sharply before productivity can improve, report says

Bank of Canada headquarters

As Canadians cut back, mortgage holders say they can make higher payments: BoC survey

Consumers have changed their spending habits in response to higher inflation, interest rates

Arrow cube

Statistics Canada says manufacturing and wholesale sales rose in November

Sales of chemical products rose, while car sales fell

Inflation causing price rising up, overvalued stock or funds, consumer purchasing power reducing concept, air balloon tied with product price tag flying high rising up in the sky.

Economists expect December inflation ticked up, trend still points to slowdown

StatsCan will release its consumer price index report on Tuesday, offering a look at the overall inflation rate for 2023

Steel worker on CNC plasma cutter machine

Wholesale inflation in U.S. declined last month, signaling that price pressures are still easing

Softer price report could reassure the central bank's policymakers

Quantum security threat to cost financial firms

Boosting defences to deal with vastly more powerful tech poses a challenge, Fitch says

Moody’s expects capital markets boost for Wall Street in Q4

U.S. banks are set to report brighter investment banking and trading revenue, a report says

U.S. dollar

U.S. inflation edged up in December

Energy and housing prices fuelled the increase

Unpacking the gender wage gap

Research finds disparities arise from differences in labour distribution as well as participation

A man looks through a magnifying glass

Immigration a wild card in economic outlook: report

Foreign-worker flows are a key uncertainty in forecast, Desjardins says

Boardroom discussion

Bank of Canada’s looming rate cut dilemma

Central bank will need a communications shift to navigate policy pivot, TD says

Significant proportion of aging Canadians are financially vulnerable: OSC

While most retirees believe they are in a financially strong position, about 15% describe their financial position as "poor"

Graphic of U.S. currency

Government should prioritize economy, most Americans say

Inflation, specifically, stood out as a major issue in Associated Press-NORC Center for Public Affairs Research poll