Canadian dollar

Could a trade resolution lift the loonie?

Market Insights

Could a trade resolution lift the loonie?

National Bank looks at the data to find out

By Staff |September 12, 2018

2 min read

Decorative pattern

Economic Indicators

Near-term outlook for loonie and U.S. dollar

With U.S. growth revised upward due to government spending and tax cuts, markets have priced in three Fed rate hikes for 2018. That’s allowed the U.S. dollar to put up a fight against global currencies despite a deficit projected to surpass US$1 trillion in 2019. “Generous long-end spreads versus still-low overseas yields are providing enough […]

By Staff |March 14, 2018

3 min read

Decorative pattern

Economic Indicators

How a U.S. trade war could affect markets

With markets attuned to inflation risk and with equity volatility rearing its head, President Trump’s tough talk on trade tariffs isn’t good news. The president has threatened tariffs on aluminum (10%) and steel (25%) imports, with the effect likely being sharply higher domestic metals prices. Douglas Porter, BMO chief economist, estimates in a weekly financial […]

By Staff, with files from The Canadian Press |March 5, 2018

3 min read

Decorative pattern

Market Insights

Why the energy sector can withstand NAFTA

NAFTA negotiations took a more positive tone recently, but if the trade agreement were to go sideways, the Canadian energy sector would see little impact, says a commodity note from Scotiabank. In fact, the sector might see a benefit. Read: Why this PM is overweight energy for 2018 To explain why, the authors first note […]

By Staff, with files from The Associated Press |January 31, 2018

2 min read