Latest news in Research and Markets

Europe stacks

European Central Bank chief signals more rate hikes ahead with inflation still ‘strong’

"There is no clear evidence that underlying inflation has peaked," ECB head says

Rising interest rates concent

Momentum may lead to higher rates this summer, economists say

Canadian economy still growing despite interest rates that are at their highest levels since 2007

Cash ETFs lead monthly gains again, drawing $4.8 billion this year

Fixed-income funds continue to dominate flows

The Fed - Washington DC - Policy and Politics

Tougher Fed to benefit banks, Fitch says

Supervisory action to boost banks' capital, liquidity would aid creditors, depositors

Array of headwinds weigh on banks’ earnings: Fitch

Credit provisions, rising capital, liquidity, expenses blunt banks' results

Now hiring sign

U.S. employers add 339,000 jobs in May, labour market stays durable 

Unemployment rate rose to 3.7% in May, up from a five-decade low of 3.4% in April

Container Cargo ship and Cargo plane with working crane

Global trade hitting the skids, Fitch says

Supply chains are good now but demand is lacking

up and down arrows

Venture capital activity slumps in rising rate environment

After record 2021, venture investing, deal exits hit by valuation drop

U.S. corporate default forecasts deteriorate

Fitch Ratings sees higher bond and loan defaults this year and next

U.S. dollar

China, central bank digital currencies may chip away at dollar’s dominance: TD

Global preeminence of the U.S. dollar facing multiple challengers

Tree blowing dollars

Financial stability still shaky: ECB

Markets, investment funds remain vulnerable to rising stress

GDP graphic

Economy continues to outperform, raising odds of rate hike next week

Statistics Canada reports real gross domestic product grew at annualized rate of 3.1% in Q1

Consumer confidence declines again in May, particularly for older Americans

It's the fourth time in five months that overall U.S. consumer confidence has declined

ESG concept

When it comes to ESG, fund managers damned if they do and damned if they don’t

Growing politicization of ESG investing in U.S. poses risk to asset managers, Moody's says

Economy’s resilience raises risk of further rate tightening

High inflation remains the top issue for businesses, survey finds

StatsCan report casts doubt on claims of widespread labour shortage

Analysis finds there are no labour shortages for jobs that require high levels of education

Housing chart

Global house prices see first post-crisis drop

Advanced economies lead decline in real prices, BIS reports

Concept of real estate, mortgage and lease

Proportion of Canadians invested in real estate set to grow: Royal LePage

More than one in 10 Canadians own an investment property

growth-chart-rise

U.S. economic growth for Q1 revised up to a still tepid 1.3% annual rate

Despite the first-quarter slowdown, consumer spending reflected confidence

A June pause in rate hikes would be a close call for Fed officials, minutes of last meeting show

Powell and other officials have signalled in the past week that they're likely to support a pause

Empty office space

Empty offices a challenge to smaller banks: Fitch

Commercial real estate exposure a bigger issue for smaller U.S. lenders

Annual general meeting

Dwindling support for ESG, executive pay outrage

U.S. proxy season sees lower levels of shareholder engagement

social media

Canada leads the way for young investors

Almost half of Canadian Gen-Z investors are confident in their ability to reach their financial goals

UK inflation image

U.K. inflation falls to lowest level in over a year but food prices keep decline in check

Inflation falls to 8.7% largely because last year's energy spike has dropped out of the annual comparison

Binder with papers

CPP Investments reports 1.3% return for its latest fiscal year

Performance partially offset by declines in both equities and fixed income across major markets