Market Insights

Decorative pattern

Market Insights

Why these two managers wouldn’t buy Saudi Aramco

Two energy market strategists say they wouldn’t buy into the Saudi Aramco IPO, calling the business too opaque.

By Simon Doyle |February 13, 2017

3 min read

Decorative pattern

Economic Indicators

NAFTA, the U.S. trade success story

Technology, not NAFTA, has cut manufacturing jobs. Read: Is Canadian business confidence on shaky ground? In fact, manufacturing’s share of U.S. GDP has been stable for decades, reveals a Scotiabank economics report. Despite President Trump’s talk of trade imbalances and job losses, NAFTA is a trade success story, having tripled the continent’s trade and ensured […]

By Staff, with files from The Canadian Press |February 13, 2017

3 min read

Decorative pattern

Economic Indicators

EY’s Canadian mining index soars 61% in 2016

An Ernst & Young Canadian mining index declined 13% in the last quarter of 2016, largely due to weakness in gold and nickel prices, offset partly by gains in copper and zinc prices. (Copper increased 14% in anticipation of infrastructure spending in the U.S.) Read: Oil leads positive outlook for commodities The Mining Eye index […]

By Staff |February 13, 2017

1 min read

Decorative pattern

Market Insights

Why to expect more currency volatility

An acceleration in “drawbridge capitalism” is expected to affect global capital flows and encourage more currency volatility, PIMCO’s Gene Frieda says in a market commentary on Thursday. Protectionist policies putting domestic business first — what Frieda calls “drawbridge capitalism” — will accelerate a retreat from globalization and deepen correlations between geopolitics and international trade. The […]

By Staff |February 9, 2017

2 min read