Latest news in Research and Markets

Building site

Building permits down in Q2: StatsCan

Increase in residential permit activity ends three straight quarterly declines

Household debt burden

Early signs of stress for household finances: CIBC

Financial pressure likely to intensify as mortgages reprice in years ahead

Empty chairs

Half of Canadian firms plan to add employees this year: survey

Nearly three-quarters of hiring execs say they feel positive about the hiring outlook for second half of 2023

  • By: IE Staff
  • August 9, 2023 August 9, 2023
  • 11:14

Commodities get boost from economic resilience

Energy, agricultural prices surge amid soft landing potential, BMO says

Federal Reserve

U.S. inflation has steadily cooled. Getting it down to the Fed’s target rate will be the toughest mile

Sticky inflation could endanger the possibility of a rare ``soft landing''

Amid rising stress, Moody’s downgrades U.S. banks

Funding, capital strains and real estate risks underpinned the rating actions

global ESG

Options abound for ETF investors seeking global equities with an ESG focus

Mackenzie is the latest entrant to a field that includes factor-based and active strategies

Europe flag and money

As inflation eases, ECB hikes near an end: Fitch

Core inflation is now higher than the headline rate

U.S. employers add 187,000 jobs in July, unemployment dips to 3.5%

Average hourly wages rose faster than expected and will likely worry the Fed

Cropped shot of an unidentifiable businesswoman

Unemployment rate ticks up to 5.5% in July as job creation lags population growth

Wage growth rebounded in July, rising 5% year over year

U.S. downgrade won’t hurt corporate ratings: Fitch

Economy, rate environment are the main risks to issuers' finances

Wrestling inflation

Inflation tumbles further in June: OECD

Core inflation recedes alongside falling energy prices

Forlorn businessman

Consumer and business insolvencies rising under weight of higher interest rates

There were 31,224 consumer insolvencies in the April to June period, up 23.5% compared with the same period last year

jobless puzzle pieces

Weekly applications for U.S. jobless aid tick up from five-month low

The four-week moving average of claims, a less-volatile measure, fell by 5,500 applications to 228,250

Saving for home purchase

Toronto home sales and prices up from last July, down from June

Average cost of a detached home in the market rose 4.8% year over year to top $1.4 million

Arrow up

Bank of England hints that U.K. borrowing rates will stay high after latest hike

Quarter-percentage point increase, to 5.25%, was the central bank's 14th hike in a row

Five star rating

Fitch downgrades US credit rating, citing mounting debt and political divisions

New rating, AA+, is still considered well into investment grade

U.S., European earnings revisions tilt upward

Analyst sentiment turns rosier for S&P 500 companies, Refinitiv reports

Merger puzzle pieces

Canadian M&A finds stability in Q2: Crosbie and Co.

Deal volume ticked up, value surged on mega-deal strength

Vancouver skyline

Vancouver home prices rise, sales up nearly 30% from last July

Sales in the market totalled 2,455 last month, a 28.9% increase from a year ago

A person inside a financial maze made out of hedges.

Hedge funds intensified March 2020 market turmoil: report

BoC research found that hedge funds joined the selling action in bond markets

Now hiring sign

U.S. job openings fall to lowest level in 2 years as demand for workers cools

Data suggests the labour market is slowly normalizing from post-pandemic extremes

Europe flag and money

Euro bank stress tests highlight risks of higher rates

Banks' net interest income to suffer under financial and economic pressure, Fitch says

Power Corp. and Mackenzie increase stake in China AMC

China facing demographic headwinds: Moody’s

Decline in working population to pressure growth and government finances

senior colleague back to work with face mask greeting on each other in office morning stock photo

Workers would defer retirement if they could: StatsCan

Reducing hours and stress could entice older workers to stay employed, survey finds