Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,338.10, down 0.16% ● Bank of Canada urged to act swiftly as unemployment may reach 7%, economist warn ● Canadian telecom shares set for recovery as pricing war eases: Analysts ● RBC restructures, divides key banking division into two ● MAG Silver climbs 1.8% in US pre-market...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,327.60, up 0.55% ● OPEC data shows some members still surpassing output quotas ● Barrick Gold commits to mali investment; partners with Midland on Patris drilling ● Tilray introduces runner's High Brewing Co. as new non-alcoholic beer option Market Snapshot Today, the C...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,324.80, up 0.12% ● Canada-China gold trade flourishes amid trade tensions ● Canada's mining M&A limits may lower metals firms' valuations, says Scotiabank ● DRI Healthcare Trust's stock tumbles amid CEO's exit and expense scandal Market Snapshot Today, ...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,320.40, up 0.33% ● High risk or high reward: Rising mortgage debt service ratios are must-watch data ● Minto Apartment REIT CEO bullish on rental housing despite real estate headwinds ● The list of money managers axing oil stocks just got longer Market Snapshot Today, the Cana...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,307.60, up 0.02% ● TD Bank says deep rate cuts will provide 'big tailwind' to Canada's economy ● Cost cutting continues at BlackBerry as firm reports US$42-million net loss in Q1 ● Micron falls after forecast fails to meet lofty expectations Market Snapsh...
SoundOfMusic :
Shelter inflation of 6.4% is an outsized component in the Canadian CPI. The shelter inflation is a reflection of the rising mortgage interest payment when fixed rate mortgages are renewed. So when the BoC rate comes down, which will drop the fixed mortgage rate, in turn, it will lessen the mortgage interest expense increase when fixed mortgages are renewal. This will lower the shelter cost and thus lower the CPI. Lower the BoC rate will lower the CPI! Do we have a magic formula to lower inflation in Canada!!!
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,305.30, down 0.22% ● Inflation heats up again, casting doubt on Bank of Canada rate cut in July ● Shell to build carbon capture, storage projects in Canada ● Stocks to watch: WestJet Market Snapshot Today, the Canadian dollar is trading at 73.13 cents US,...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,309.70, down 0.17% ● Statistics Canada to release May inflation report today ● 'We’re expecting modest disinflation': Manulife investment strategist on Bank of Canada outlook ● Supply, demand factors help boost crude oil to 7-week high, Commerzbank says ● Paladin's uranium de...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,299.60, up 0.48% ● Economists say BoC could cut interest rates again in July if inflation keeps cooling ● Alberta oil and gas sector exceeded flaring limit in 2023, data shows ● Stocks to watch: Shopify Market Snapshot Today, the Canadian dollar is...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,289.00, down 0.54% ● Homebuyers in Canada bet on more rate cuts with adjustable loans ● Inflation, geopolitics weighing on tourism industry ● U.S. Crude oil stockpiles fall by 2.6 million barrels week-over-week, EIA reports ● Stocks to watch: Cohere Market Snapshot To...
● S&P/TSX 60 Index Standard Futures are trading at 1,338.10, down 0.16%
● Bank of Canada urged to act swiftly as unemployment may reach 7%, economist warn
● Canadian telecom shares set for recovery as pricing war eases: Analysts
● RBC restructures, divides key banking division into two
● MAG Silver climbs 1.8% in US pre-market...
● S&P/TSX 60 Index Standard Futures are trading at 1,327.60, up 0.55%
● OPEC data shows some members still surpassing output quotas
● Barrick Gold commits to mali investment; partners with Midland on Patris drilling
● Tilray introduces runner's High Brewing Co. as new non-alcoholic beer option
Market Snapshot
Today, the C...
● S&P/TSX 60 Index Standard Futures are trading at 1,324.80, up 0.12%
● Canada-China gold trade flourishes amid trade tensions
● Canada's mining M&A limits may lower metals firms' valuations, says Scotiabank
● DRI Healthcare Trust's stock tumbles amid CEO's exit and expense scandal
Market Snapshot
Today, ...
● S&P/TSX 60 Index Standard Futures are trading at 1,320.40, up 0.33%
● High risk or high reward: Rising mortgage debt service ratios are must-watch data
● Minto Apartment REIT CEO bullish on rental housing despite real estate headwinds
● The list of money managers axing oil stocks just got longer
Market Snapshot
Today, the Cana...
● S&P/TSX 60 Index Standard Futures are trading at 1,307.60, up 0.02%
● TD Bank says deep rate cuts will provide 'big tailwind' to Canada's economy
● Cost cutting continues at BlackBerry as firm reports US$42-million net loss in Q1
● Micron falls after forecast fails to meet lofty expectations
Market Snapsh...
● S&P/TSX 60 Index Standard Futures are trading at 1,305.30, down 0.22%
● Inflation heats up again, casting doubt on Bank of Canada rate cut in July
● Shell to build carbon capture, storage projects in Canada
● Stocks to watch: WestJet
Market Snapshot
Today, the Canadian dollar is trading at 73.13 cents US,...
● S&P/TSX 60 Index Standard Futures are trading at 1,309.70, down 0.17%
● Statistics Canada to release May inflation report today
● 'We’re expecting modest disinflation': Manulife investment strategist on Bank of Canada outlook
● Supply, demand factors help boost crude oil to 7-week high, Commerzbank says
● Paladin's uranium de...
● S&P/TSX 60 Index Standard Futures are trading at 1,299.60, up 0.48%
● Economists say BoC could cut interest rates again in July if inflation keeps cooling
● Alberta oil and gas sector exceeded flaring limit in 2023, data shows
● Stocks to watch: Shopify
Market Snapshot
Today, the Canadian dollar is...
● S&P/TSX 60 Index Standard Futures are trading at 1,289.00, down 0.54%
● Homebuyers in Canada bet on more rate cuts with adjustable loans
● Inflation, geopolitics weighing on tourism industry
● U.S. Crude oil stockpiles fall by 2.6 million barrels week-over-week, EIA reports
● Stocks to watch: Cohere
Market Snapshot
To...
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