The Canadian Real Estate Association has lowered its forecast for home sales in Canada due to limited inventory and recent interest rate hikes by the Bank of Canada.– Sales in 2023 are now expected to […]
Markets have sewn up June in bullish fashion, capping a strong first half of 2023 in style. For the fourth consecutive month, June saw gains aplenty in US equities – with the S&P 500 rising by 6 per cent to […]
China’s economy grew at a faster-than-expected pace in the first quarter as the end of strict COVID curbs lifted businesses and consumers out of crippling pandemic disruptions, although headwinds from a global slowdown point to a […]
The U.S. Dollar, as measured by the DXY index, started the week on a positive note, rallying more than 0.65% to 102.75, bolstered by risk-off sentiment and higher U.S. treasury rates in a session characterized […]
OVERVIEW Institutional allocators are undertaking a robust monitoring of their portfolios and reviewing asset allocation to meet target objectives as market participants closely parse the latest signals that could indicate a slowing inflationary trend and […]
US equities fell on Wednesday as investors turned cautious on comments from Federal Reserve officials that US interest rates would have to rise to combat inflation. The blue-chip S&P 500 ended 1.1 percent lower as […]
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