Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,492.40, down 0.45% from previous close ● Canada CPI tad higher than expected in October on smaller drop in gasoline prices ● Shopify climbs to prominence in TSX Composite Index ● Gold rebounds from a two-month low as the dollar weakens Currency Snapshot Today, the Canadian dollar...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,444.70, down 0.06% from previous close ● Canada's merchandise trade deficit hit $1.1B in August: Statistics Canada ● Rate cuts have 'barely' improved housing affordability: RBC economist ● Couche-Tard sweetens offer for 7-Eleven owner to $47 billion ● Cameco eyes expan...
Good morning mooers! Here are things you need to know about today's market: ●S&P/TSX 60 Index Standard Futures are trading at 1,449.80, down 0.04% from previous close ● China's Gold Reserves Unchanged for Fifth Straight Month in September ● Chevron to Divest Assets Worth $6.5 Billion to Canadian Natural Resources ● Solaris Resources Reports High-Grade Mineralization in Warintza Explora...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,338.50, up 0.47% ● Canada public-sector hires driving labor-market activity ● Gold prices surge as weak jobs data fuels rate cut expectations ● Canada commits $120 million to establish chip network as U.S. races ahead ● BMO comments on air travellers in the U...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,337.30, up 0.33% ● Artificial Intelligence may hold the key to solving Canada's productivity crisis ● Short sellers bet against air Canada amid rising costs and softening demand ● Hut 8 down 2.5% in US after hours as provides operations update for June Ma...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,323.80, up 0.70% ● Oil prices inch up amid surprising U.S. inventory drop ● Canada considers tariffs and investment blocks on Chinese EVs ● Canadian pension funds suffer real estate losses, rethink strategies Market Snapshot Today, the Canadian dollar is trading at 72...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,308.30, down 0.17% ● Crude oil prices surge amid escalating geopolitical tensions, supply concerns ● BCE warns shareholders of TRC capital's below-market unsolicited mini-tender offer ● Bitfarms reports significant mining fleet expansion and efficiency g...
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,...
CAD/USD Forum
● S&P/TSX 60 Index Standard Futures are trading at 1,492.40, down 0.45% from previous close
● Canada CPI tad higher than expected in October on smaller drop in gasoline prices
● Shopify climbs to prominence in TSX Composite Index
● Gold rebounds from a two-month low as the dollar weakens
Currency Snapshot
Today, the Canadian dollar...
● S&P/TSX 60 Index Standard Futures are trading at 1,444.70, down 0.06% from previous close
● Canada's merchandise trade deficit hit $1.1B in August: Statistics Canada
● Rate cuts have 'barely' improved housing affordability: RBC economist
● Couche-Tard sweetens offer for 7-Eleven owner to $47 billion
● Cameco eyes expan...
●S&P/TSX 60 Index Standard Futures are trading at 1,449.80, down 0.04% from previous close
● China's Gold Reserves Unchanged for Fifth Straight Month in September
● Chevron to Divest Assets Worth $6.5 Billion to Canadian Natural Resources
● Solaris Resources Reports High-Grade Mineralization in Warintza Explora...
● S&P/TSX 60 Index Standard Futures are trading at 1,338.50, up 0.47%
● Canada public-sector hires driving labor-market activity
● Gold prices surge as weak jobs data fuels rate cut expectations
● Canada commits $120 million to establish chip network as U.S. races ahead
● BMO comments on air travellers in the U...
● S&P/TSX 60 Index Standard Futures are trading at 1,337.30, up 0.33%
● Artificial Intelligence may hold the key to solving Canada's productivity crisis
● Short sellers bet against air Canada amid rising costs and softening demand
● Hut 8 down 2.5% in US after hours as provides operations update for June
Ma...
● S&P/TSX 60 Index Standard Futures are trading at 1,323.80, up 0.70%
● Oil prices inch up amid surprising U.S. inventory drop
● Canada considers tariffs and investment blocks on Chinese EVs
● Canadian pension funds suffer real estate losses, rethink strategies
Market Snapshot
Today, the Canadian dollar is trading at 72...
● S&P/TSX 60 Index Standard Futures are trading at 1,308.30, down 0.17%
● Crude oil prices surge amid escalating geopolitical tensions, supply concerns
● BCE warns shareholders of TRC capital's below-market unsolicited mini-tender offer
● Bitfarms reports significant mining fleet expansion and efficiency g...
● 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,...
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