Home News Research and Markets Page 44

Latest news in Research and Markets

Skyline of the financial district

Banks adjust prime rate in response to BoC hike

The central bank raised its key lending rate to 5% on Wednesday

  • By: IE Staff
  • July 12, 2023 July 12, 2023
  • 15:21
Bridge being built

Canada’s premiers urge Ottawa to advance infrastructure to boost economic growth

Premiers ask for dedicated meeting with the prime minister to discuss options

Chairs on dock

Interest rate hikes weighing on cottage market

Dampened demand expected to lead to price declines

Facade of bank of england

Bank of England says banks are resilient enough to help struggling households

Central bank says British households face higher debt burdens but banks are in better position to help than they were 15 years ago

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.

Slowing U.S. inflation eases pressure on households

Inflation rate falls to an annualized rate of 3% in June with easing prices for gasoline, airline fares, used cars and groceries

Wooden blocks with percentage sign and arrow up, financial growth, interest rate increase, inflation concept

BoC raises key interest rate, expects slower return to inflation target

Bank says rate hike to 5% was prompted by elevated demand, driven by strong consumer spending

U.K. compass points to inflation

U.K. wages are rising at a record pace. That makes higher interest rates more likely

Expectations of higher borrowing rates are having a knock-on effect across lending markets

data connections

Population growth the “wrinkle” in BoC’s inflation plan

A growing population has boosted spending and the housing market but could help tame wage inflation, reports say

map of Canada

Governments need to remove interprovincial trade barriers: CFIB

Businesses want professional licences and certifications to apply across jurisdictions

bull and bear stock market

What to watch for in Q2 earnings season

Wage gains may cut into profit margins, hitting stocks in the second half of the year

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

BoC expected to raise rates again this week, vying to quash inflation faster

Forecasters say the economy has not softened enough for the central bank to back off

Debt, savings worries up as higher interest rates and costs take a toll: surveys

The Bank of Canada has identified household debt as a key risk

Bank of Canada expected to raise rates next week, despite rise in unemployment

The increase came as the economy added 60,000 jobs in June, driven by gains in full-time work

Now hiring sign

U.S. hiring slowed in June, but figures still solid

The latest evidence of economic strength makes it all but certain that the Fed will resume rate hikes

Almost half of Canadian investors plan to switch advisors: survey

After a volatile year in markets, more clients say they're willing to work with multiple providers

foreign country with stock market data

Canadian equity deals slump in first half: Refinitiv

Issuance weakest since 1995 as IPOs, structured products and preferred issues were all scarce

International Trade

Statistics Canada reports $3.4B merchandise trade deficit for May

The B.C. port strike will likely put a dent in July's trade figures

House for sale

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

Buyer interest remains high but supply is tight and mortgage rates tough to grapple with

Frustrated man calculating bills and tax expenses

U.S. job openings dip to 9.8 million but remain high, showing resilience in labour market

The job market's sturdiness has raised doubts about whether a downturn is inevitable

Signs of cooling wage growth encouraging amid inflation fight: economists

All eyes will be on the labour force survey at the end of this week

Pile of cryptocurrency coins

Crypto, financial sector stress a two-way street

Turmoil in U.S. banking business shook stablecoin market, Fitch reports

Merger image

Global M&A down sharply in first half: Refinitiv

BMO ranks among top 10 in global deal advisory business

DB pension plans improve in second quarter

Increases in bond yields helped reduce plan liabilities

men rolling heavy balls up ramp and stairs

Wealth and income inequality rising: StatsCan

Poorer households hit harder by economic and financial conditions

Graph tablet

Global capital markets activity mixed in first half

RBC led Canadian dealers on equity, debt league tables