Commodities

Commodities pounded by investor stampede Fallback Image Decorative pattern

Industry

Commodities pounded by investor stampede

Having underperformed and failed in their role as an effective hedge against inflation, commodities have been suffering enormous funds retractions from investors. Last year, commodities hedge funds had the worst performance in a decade and lost 20% of their assets after investors withdrew large sums, reports FT.com. The negative investor sentiment for the asset class […]

By Staff |February 7, 2013

1 min read

Resource-rich provinces to drive auto growth Fallback Image Decorative pattern

Economic Indicators

Resource-rich provinces to drive auto growth

Canadian auto sales climbed 6% last year, and will edge up further in 2013, advancing to 1.69 million units, the second-highest level on record, says the Scotiabank Global Auto Report. While the resource-rich provinces of Alberta, Saskatchewan, Newfoundland and Labrador will continue to lead gains, volumes in the rest of Canada will remain 6% below […]

By Staff |January 30, 2013

1 min read

Canada should hedge against commodity risk: CIBC Fallback Image Decorative pattern

Economic Indicators

Canada should hedge against commodity risk: CIBC

Canada’s resource-rich provinces should consider hedging against commodity risks, even if it means giving up part of the revenue windfall when prices are high, reports CIBC World Markets Inc. “Resources are called cyclicals for a reason, and provincial finance ministers are now acutely aware that a bountiful surplus can turn into a gaping deficit in […]

By Staff |January 29, 2013

3 min read

Scotiabank’s commodity index slumps Fallback Image Decorative pattern

Industry

Scotiabank’s commodity index slumps

The Scotiabank Commodity Price Index declined by 4.6% month-over-month in December.

By Staff |January 29, 2013

1 min read