Latest news in Research and Markets

Wealthsimple introduces Portfolio Review service

International investment position edges up: StatsCan

Foreign exchange gains offset by equity, bond market weakness

Wrestling inflation

U.S. consumer inflation eased slightly last month as gas prices fell, though some costs kept surging

The stickiness of inflation in the service sector will likely keep the Federal Reserve on guard

business man using magnifying glass to inspect documents

Private markets face challenge of deteriorating economy in 2024

High rates continue to affect private equity valuations, while private credit faces default risk

stock market down

How short sellers help stock prices

New research finds that brokers leak info on smart shorts into the market

Low angle view of Skyscrapers in downtown Toronto during the day

OSFI’s buffer call a credit negative: Moody’s

Higher capital levels would give the banks a bigger cushion, given the weaker economic outlook, report says

Federal Reserve building

Fed set to leave rates unchanged while facing speculation about cuts

Wednesday's rate announcement follows an inflation report on Tuesday

jobless puzzle pieces

Solid U.S. hiring lowers unemployment rate in latest sign of a still-sturdy job market

Employers are finding it easier to hire, with fewer complaints of worker shortages and less pressure to raise pay

China flag

Chinese leaders wrap up annual economic planning meeting with scant details on revving up growth

The recovery after stringent pandemic restrictions were lifted was short-lived

The Fed - Washington DC - Policy and Politics

Fed seen cutting rates by mid-2024

Technical recession remains a distinct possibility, SIFMA survey finds

home financing

Pressure on consumer spending ahead: TD

Mortgage resets next year expected to cut into spending

saving for a home

Half of first-time homebuyers likely to use FHSA: poll

A majority of respondents didn't know the features and benefits of the account

fintech

Fintechs face stable outlook for 2024: Fitch

Solid balance sheets, low leverage, likely to leave ratings unaffected

home financing

Montreal home sales in November edged down from year ago

Home sales in the region totalled 2,664, down from 2,700 in November 2022

wood cut-outs

Both goods and services see productivity declines in Q3

The 0.8% drop is the sixth straight quarterly labour productivity decline, StatsCan reports

International Trade

Statistics Canada reports $3B merchandise trade surplus for October

Imports fell 2.8% for the month to $63 billion

Big bank CEOs warn that new regulations could harm economy

Bankers warn that the proposals could negatively impact the economy at a time of geopolitical turmoil and inflation

  • By: Ken Sweet
  • December 6, 2023 December 6, 2023
  • 12:01
Bank of Canada building

Bank of Canada holds key interest rate steady at 5%

In final decision of 2023, central bank says weaker growth and cooling job market suggests demand is no longer outpacing supply

House for sale

Greater Toronto home sales fall amid affordability challenges

In Vancouver, home sales rose as newly listed properties added to supply

Frankfurt, Germany - November 09, 2020: European Central Bank ECB, EZB headquarters at Eastend Frankfurt, Germany. The European Central Bank (ECB) is the central bank of the Eurozone. Close-up of the logo in front of the building.

Consumer sentiment dims in Europe

Expectations for economic and income growth were lower in an ECB survey

China flag

Moody’s cuts China’s credit outlook to negative

The rating agency cited slowing economic growth and the property crisis

inflation at the grocery store

Headline inflation declines again, OECD says

Food inflation in retreat, energy price pressures negative

Big Six see mixed results: Fitch

Revenues were down slightly in Q4, while expenses and loan provisions were up

Advisor tracking stocks

Returns are tough, but fund managers’ finances OK

Fitch affirms traditional managers' ratings, despite challenging conditions

Crypto money

The reasons behind bitcoin’s surge

Bitcoin has surpassed US$41,000 for the first time since April 2022

Apartment building

Short-term rentals reduce housing affordability: Desjardins

Every one-percentage-point increase in the share of Airbnbs was associated with a 2.3% increase in rents, a report found