Daily News

Source: BNN Bloomberg April 19, 2022

BlackRock strategists say traders are wrong on Fed's rate path

Strategists from the world’s biggest asset manager are challenging traders betting that the Federal Reserve will raise rates to around 3 per cent next year, saying that policy makers will raise borrowing costs to 2 per cent, but not go much further. An ove...

Source: BNN Bloomberg April 19, 2022

U.S. stocks waver in choppy session, long-end bonds fall

U.S. stocks ended little changed in thin trading Monday and Treasuries ticked lower at the long-end of the curve as investors focused on corporate results and prospects for faster policy tightening by the Federal Reserve. The S&P 500 closed down less than...

Commodities Source: BNN Bloomberg April 19, 2022

Commodity stocks oust financials as TSX heavyweights

Canada’s resources sectors have overtaken financials as the heavyweights of its main equity index for the first time since August 2020 as oil and metal prices rally and global banks slump. Energy and materials companies now constitute about 31.07 per cent...

Market Call Source: BNN Bloomberg April 19, 2022

Darren Sissons' Top Picks: April 18, 2022

Darren Sissons, vice-president and partner at Campbell, Lee & Ross FOCUS: Global and technology stocks MARKET OUTLOOK: An interest rate regime change is now in effect. Largely, since the onset of the 2008 global financial crisis, interest rates hav...

Source: BNN Bloomberg April 19, 2022

U.S. stocks tick higher as Treasury yields climb

U.S. stocks edged higher in early trading and Treasuries slid as investors weighed the prospect of aggressive policy action to curb inflation. The S&P 500 swung to a 0.2 per cent gain, while the tech-heavy Nasdaq 100 fell. The 10-year Treasury yield hit a...

Source: BNN Bloomberg April 19, 2022

TSX posts triple-digit gain after Bank of Canada lifts rates

A broad rally led by the technology and commodity sectors pushed Canada's main stock index higher midweek as the Bank of Canada approved its largest interest rate increase in two decades. The S&P/TSX composite index closed up 122.61 points to 21,838.02 aft...

Market Call Source: BNN Bloomberg April 19, 2022

Christine Poole's Top Picks: April 14, 2022

Christine Poole, CEO and managing director at GlobeInvest Capital Management FOCUS: North American large cap stocks MARKET OUTLOOK: The geopolitical landscape is changing, potentially leading to a realignment of alliances and a restructuring of glo...

Real Estate Source: BNN Bloomberg April 19, 2022

A value investor in Canada's oil heartland targets U.S. housing

Avenue Living Asset Management Ltd. is trying to find fortune in places left behind by the North American real estate boom. The firm, based in Canada’s oil capital, Calgary, started out by accumulating apartment buildings and housing complexes in the count...

Economics Source: BNN Bloomberg April 19, 2022

Ontario Teachers' looks to increase venture capital investments

The Ontario Teachers' Pension Plan Board says it plans to more than double its investments in its venture capital and growth equity arm. The pension fund manager says it is looking to make investments in the sector comprise seven to 10 per cent of its net...

Source: Bankofcanada April 19, 2022

Fellowship Program

We are pleased to promote exchange and collaboration with our researchers and outstanding academics who are advancing knowledge in the fields that support the Bank of Canada’s core functions.” Lawrence L. Schembri, Deputy G...