China

Weak greenback to continue through 2018

Commodity index is bearish on dollar, iron

By Staff |August 22, 2017

2 min read

The BoC’s unofficial lower-loonie policy

The BoC will hold its benchmark interest rate at 0.5% through the year even as the Fed hikes rates more than once, a CIBC economist predicts. That’s because the BoC is intent on a weaker loonie to support exports, says Benjamin Tal, deputy chief economist of CIBC World Markets. In a speech at the Canadian […]

By Simon Doyle |March 9, 2017

3 min read

China, U.S. equity fund indices up 5.1% in February: Morningstar

Forty-one of Morningstar Canada’s 44 fund indices increased during the month of February, reveals a preliminary report by Morningstar Research. In fact, 20 indices increased by more than 2%. The indices measure the aggregate returns of funds in various standard categories. Most stock market indices outside Canada were positive in February, while the Canadian dollar […]

By Staff |March 2, 2017

2 min read

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