Canadian stocks dip, tracking declines in the U.S. as gains in metals and oil and gas sectors weren't enough to offset declines in tech, finance, and retail sectors. The$S&P/TSX Composite Index (.SPTSX.CA)$closed 0.3% lower at 24,929.89, reversing earlier gains. The blue chip$S&P/TSX 60 Index (.TX60.CA)$also slipped 0.3% to 1,494.34. $Shopify Inc (SHOP.CA)$slumped 6.3% amid a wider tech sell-off that hit the main exch...
Hi yall, now that January is closer, we can contribute more to our TFSA. The annual contribution limit for 2025 is $7,000, confirmed by the CRA. With a new contribution room available, where will you be investing your money? My TFSA journey began a couple of years ago, thanks to a chat with some buddys who were totally hyped about its perks. At first, I was like, "Yeah, right?" but my curiosity got the best of me and I dove in....
Bravo Jordan
WeedStreet
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You can set up recurring payments in the moomoo to buy ETFs. The moo-moo will withdraw money from your account and buy it automatically.
WeedStreet
Lauren_investement
OP
:
What I want to do is deposit $200 monthly into my TFSA and at the same time buy max XEQT with it. should i just cancel the auto deposit of $200 and then under automations turn on recurring investments for $200 every month?
Hi, mooers! Canada's Big 5 banks are set to unveil their earnings reports throughout the remainder of the month, starting with$Bank of Nova Scotia (BNS.CA)$initiating the reporting cycle on December 3, followed closely by $Royal Bank of Canada (RY.CA)$, $The Toronto-Dominion Bank (TD.CA)$, and $Bank of Montreal (BMO.CA)$, which will release their reports on December 4. $Canadian Imperial Bank of Commerce (CM.CA)$ will wrap...
Skyrye7
:
When Canada's big banks report their earnings, you can generally expect a few key signals or themes that investors and analysts will be looking for. Here’s a breakdown of what to focus on: 1. Loan Growth and Credit Quality Loan growth: Investors will closely monitor trends in retail, commercial, and mortgage lending. Any signs of slowing loan growth can indicate challenges in the economy, such as higher interest rates or reduced consumer demand. 2. Net Interest Margin (NIM) and Interest Rates Net Interest Margin: NIM reflects the difference between the interest income the bank earns on loans and the interest it pays on deposits. In a rising rate environment, NIM can expand, but if rates are high for too long, it may start to compress due to weaker loan demand or greater competition for deposits. Interest Rate Impact: The performance of Canadian banks is often closely tied to interest rates. Analysts will be looking for commentary on how banks are navigating higher rates, especially in the context of the Bank of Canada’s monetary policy. 3. Fee Income and Wealth Management Banks in Canada earn significant revenue from wealth management, capital markets, and investment banking. Fee-based income from these sectors can be a major driver of profits. Investment banking performance: If capital markets are subdued, this may impact fees from trading, investment banking, and underwriting. Wealth and asset management: With the aging population, wealth management is an important area. 4. Expenses and Efficiency Cost control: Banks will often provide guidance on their cost control measures. Analysts will be assessing whether banks are effectively managing their expenses, especially as many have made significant investments in digital transformation and technology. Efficiency ratio: This ratio measures how much it costs to generate a dollar of revenue. A lower ratio generally indicates a more efficient bank
苝积
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$Bank of Nova Scotia (BNS.CA)$ Canada's Major Banks' Fourth Quarter Earnings Report: Which Signals Are Worth Watching? As Canada's top five banks (BNS, RY, TD, BMO, CM) are about to release financial results for the fourth quarter of 2024, the market is looking forward to their performance. Here is my personal analysis and opinion: First, the Canadian banking sector faces the double-edged sword of the interest rate environment. As the Bank of Canada continues to maintain high interest rates, the bank's net interest spread (NIM) is likely to remain high, which supports profits. However, as interest rates remain high, consumer and corporate loan demand may weaken, while the risk of rising default rates cannot be ignored. In particular, the performance of the mortgage market will be the focus of investors' attention. Second, against the backdrop of a slowdown in global economic growth, the Bank of Canada's capital market business performance may be under pressure. Despite the strong performance of the stock market in 2024, investment banking and trading revenues are likely to be affected by market fluctuations. Focus on BMO and RY. Their performance in the capital market business may contribute greatly to the overall financial report. Furthermore, investors should pay attention to the bank's provisions. In the face of potential recession risks, whether major banks will increase loan loss provisions will be an important signal for evaluating their future stability. TD and CM, in particular, have a high share of business in the US market, and their cross-border business performance may be more volatile. In summary, I think this earnings season will focus on banks' ability to adapt to a high interest rate environment and defense strategies against future economic uncertainty. For long-term investors, the Bank of Canada still has a solid dividend and risk resistance, but it is necessary to be wary of short-term volatility risks and pay attention to management's forward-looking guidance.
Stocks traded mostly higher Monday morning as Wall Street continued to rebound from a recent steep sell-off sparked by Aug. 2's weak July jobs report, which had sounded recession alarm bells for many investors. The$Nasdaq Composite Index (.IXIC.US)$led the way higher Monday, rising 98.71 points (0.6%) to 16,844.02 shortly before 10:30 a.m. ET. The$S&P 500 Index (.SPX.US)$likewise gained 12.35 ticks (0.2%) to 5,356.51, although the$Dow Jones Industrial Average (.DJI.US)$shed 97.8...
103963435
:
company stock value not equals earnings. a 100k business startup with 100k investors does not mean they earned 100k. they just have 200k capital
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,290.80, down 0.38% ● Bank of Canada deputy governor says bar for using QE again will be very high ● Tiff Macklem says things are going to be difficult if productivity doesn't grow ● Crude oil prices decline amid outlook for higher interest rates, strong de...
Like its peers, Scotiabank has a solid domestic segment that generates the bulk of its revenue. The bank also has a growing international segment, but that’s where Scotiabank presents a key difference over its big bank siblings.$Bank of Nova Scotia (BNS.CA)$
Canada's major banks are about to announce their Q2 financial quarter results. Sustained high interest rates pose challenges to residents' repayment ability. Banks' real estate exposure and credit card risks are the focus of investors' attention. Meanwhile, the recovery in the capital market means that banks' fee income may rebound. The following are the indicators that investors need to focus ...
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The $S&P/TSX Composite Index (.SPTSX.CA)$ closed 0.3% lower at 24,929.89, reversing earlier gains. The blue chip $S&P/TSX 60 Index (.TX60.CA)$ also slipped 0.3% to 1,494.34.
$Shopify Inc (SHOP.CA)$ slumped 6.3% amid a wider tech sell-off that hit the main exch...
My TFSA journey began a couple of years ago, thanks to a chat with some buddys who were totally hyped about its perks. At first, I was like, "Yeah, right?" but my curiosity got the best of me and I dove in....
Canada's Big 5 banks are set to unveil their earnings reports throughout the remainder of the month, starting with $Bank of Nova Scotia (BNS.CA)$ initiating the reporting cycle on December 3, followed closely by $Royal Bank of Canada (RY.CA)$, $The Toronto-Dominion Bank (TD.CA)$, and $Bank of Montreal (BMO.CA)$, which will release their reports on December 4. $Canadian Imperial Bank of Commerce (CM.CA)$ will wrap...
The $Nasdaq Composite Index (.IXIC.US)$ led the way higher Monday, rising 98.71 points (0.6%) to 16,844.02 shortly before 10:30 a.m. ET. The $S&P 500 Index (.SPX.US)$ likewise gained 12.35 ticks (0.2%) to 5,356.51, although the $Dow Jones Industrial Average (.DJI.US)$ shed 97.8...
● S&P/TSX 60 Index Standard Futures are trading at 1,290.80, down 0.38%
● Bank of Canada deputy governor says bar for using QE again will be very high
● Tiff Macklem says things are going to be difficult if productivity doesn't grow
● Crude oil prices decline amid outlook for higher interest rates, strong de...
The following are the indicators that investors need to focus ...
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