February was defined by tensions, tariffs, trade talk and shifting rate paths. See how these events filtered through markets. March 5, 2026 Introduction At the end of February, the U.S. and Israel attacked Iran as tensions escalated between the two sides. Iran responded by sending missiles to points in Israel [...]
anuary markets reflected shifting trade dynamics, persistent inflation, and rising global risk – all building pressure beneath the surface. Geopolitics, central bank decisions and energy markets contributed to the tremors shaping the investment landscape to start the year. Introduction Global equity markets moved higher over the month of January. Tensions around Greenland eventually eased, raising hopes [...]
Global markets ended 2025 on a cautious upswing, with resilient North American growth, soft demand in China, and record highs in key commodities shaping the outlook for 2026. January 8, 2025 Introduction Global equity markets finished slightly higher over the month of December. The U.S. Federal Reserve Board (Fed) lowered [...]
We would like to take this opportunity to express thanks and gratitude to our associates, staff, partners and our families for the wonderful year we had, and we look forward to the great year we will have in 2026. All the best in good health and prosperity!
Introduction Global equity markets finished largely unchanged over the month of November. Enthusiasm for artificial intelligence (AI) stocks pulled back, pushing stock markets lower. However, the release of economic data in the U.S. raised bets the U.S. Federal Reserve Board (Fed) would lower interest rates again in 2025. Global economic [...]
October was a month of mixed signals. While equities climbed and AI leaders like NVIDIA surged, Canada faced trade setbacks and a slowing labour market. The Bank of Canada responded with another rate cut. November 6, 2025 Introduction Global equity markets moved higher over October. Despite some concerns about trade, [...]
Markets gained ground in September, lifted by rate cuts and easing inflation. Canadian and U.S. equities reached record highs, with materials leading performance. Gold rose, oil slipped. October 7, 2025 Introduction Global equity markets posted a gain over the month of September. Optimism towards risk assets was boosted as expectations [...]
Investor sentiment improved in August, driven by hopes of rate cuts and extended trade truces. Canada’s GDP dropped, reflecting export challenges and business pullbacks. U.S. policy shifts and retail sector pressures added complexity to the global outlook. September 4, 2025 Introduction Global equity markets moved higher over the month of [...]
Trade tensions and cautious monetary policy continue to shape the global economic landscape. The U.S. reached trade deals with Japan and the EU, while Canada failed to strike one. Major central banks, including the Bank of Canada, U.S. Federal Reserve, and others in Europe and Asia, held interest rates steady. [...]
Global equity markets rose in June as trade talks between the U.S., China, Canada and the EU made progress, and central banks held steady. Inflation concerns and bond market volatility kept investors alert. Introduction Global equity markets advanced over the month of June. A framework for a U.S.-China trade [...]
