Latest news in Research and Markets

U.S. election not a concern for corporate issuers in short term

Outcome of vote unlikely to have immediate credit impact: Fitch

Big insurers post upside surprises: Moody’s

Great-West, Manulife enjoyed strong second-quarter results

Arrow cube

Household incomes gain steam: OECD

Per capita income growth rose in Q1, outpaced GDP

Americans’ refusal to pay higher prices may be final blow to U.S. inflation spike

Consumers increasingly seeking cheaper alternatives, bargains or avoiding items they deem too expensive

U.S. banks face rosier second half

Earnings, revenue headwinds eased in second quarter, Fitch reports

Downtown Toronto Financial District Skyscrapers stock photo

Big banks to eke out modest earnings growth: Fitch

Asset quality, capital expected to remain strong

Stick figures

Students, recent immigrants hit hard by weakening job market

Jobless rate held steady at 6.4% last month as economy shed 2,800 jobs: StatCan

U.S. recession signal likely a false positive: Fitch

Rise in jobless rate driven by growing labour force, rather than layoffs

home sale

Average rate on a 30-year mortgage falls in U.S.

It's the lowest level in more than a year

Building graph

Shaky markets won’t dent credit quality: DBRS

Effects likely to be focused on weaker, low-rated issuers

Boardroom talk

BoC names experts to assess its review of pandemic policy actions

Internal review, external assessment slated to be published toward end of 2024

Fewer Americans filed for jobless benefits last week

It's the first snapshot of the U.S. labour market since last week’s disappointing jobs data for July

Man searches for job on the internet

Youth unemployment could be the canary in the coal mine: NBF

Weak market signals disinflation, need for more rate cuts, company report says

Annual rental rates still rising but pace slowing: report

Rents for residential properties in July averaged $2,201 per month, up 5.9% from last year

Stock market

TMX buys Canadian newswire, filing service

Exchange aims to boost corporate services with deal

China

China’s exports grow 7% in July, far below forecasts

Imports also climb as trade with other Asian countries improves

trader at desk

Market volatility serves as reminder to prepare portfolios

Rebalancing, realistic projections are key

Abstract lines

Conflict’s financial fallout short-lived: Moody’s

Market reaction to geopolitical events often proves overblown

Inflation balloon

Inflation declines in June: OECD

Price pressures continue pullback, led by energy

Oil sands

Canada posted merchandise trade surplus for June: report

Exports of crude oil, gold rose sharply

Real Estate Agent Showing a Beautiful Big House to a Young Successful Couple. People Standing Outside on a Warm Day on a Lawn, Talking with Businesswoman, Discussing Buying a New Home.

GTA home sales ticking downward despite interest rate drops: TRREB

Economist warns people to be 'prudent' about any rebound in market activity

Canadian economy

Canada still a rocks and trees economy: NBF

Natural resources accounted for largest share of GDP in a decade

Real Estate Agent Showing a Beautiful Big House to a Young Successful Couple. People Standing Outside on a Warm Day on a Lawn, Talking with Businesswoman, Discussing Buying a New Home.

Vancouver home sales slid 5% in July, compared to year ago

And Calgary home sales dropped 10% year over year

wood cut-outs

U.S. adds 114K new jobs in July

Unemployment rate hits 4.3% as interest rates take economic toll

housing costs

Average rate on a 30-year mortgage in the U.S. falls

The rate dropped to its lowest level since early February