Daily News

Economics Source: BNN Bloomberg April 19, 2022

Traders eye BoC as possible catalyst for Canadian dollar catchup

Canada’s dollar has scope to make up ground against some of its biggest commodity-related peers if the country’s central bank provides an appropriate shot of hawkishness this week. While the currency has received some support from higher oil and resource p...

Market Call Source: BNN Bloomberg April 19, 2022

Brian Acker's Top Picks: April 12, 2022

Brian Acker, president, CEO, and chief investment strategist at Acker Finley FOCUS: North American large cap stocks MARKET OUTLOOK: When I was on BNN Bloomberg last March 17th, I suggested the markets, especially the U.S., would rally off the then...

Source: BNN Bloomberg April 19, 2022

Unused to volatility, young investors may dread a downturn. Here's how to prepare

Between rising inflation and geopolitical events, there’s been uncertainty in the future of the markets.  “It’s one of these times where you just feel like anything could happen ... A lot of people have some anxiety about what’s to come in the short term o...

Source: BNN Bloomberg April 19, 2022

Stocks climb as bond traders dial back U.S. Fed wagers

Technology companies led gains in stocks, with bond traders paring aggressive bets on Federal Reserve hikes amid speculation that inflation may be near a peak. Investors also weighed the start of the earnings season against geopolitical risks. The S&P 500...

Source: BNN Bloomberg April 19, 2022

Stagflation risk has big investors sinking billions into hedges

It’s the next big market call that could enrich traders across Wall Street: The raging global energy crisis and ever-more hawkish central banks knock key economies into 1970s-style stagflation. It’s a long shot for now, but anxiety is building among money...

Market Call Source: BNN Bloomberg April 19, 2022

Chris Blumas’ Top Picks: April 13, 2022

Chris Blumas, portfolio manager, Raymond James Investment Counsel Ltd. FOCUS: North American large cap stocks MARKET OUTLOOK: All eyes are on the U.S. Federal Reserve as it tries to combat high inflation and engineer a soft landing for the U.S. econo...

Source: BNN Bloomberg April 19, 2022

U.S. stocks drop as hawkish Fed wagers lift bond yields

Stocks fell as Treasury yields climbed on speculation the Federal Reserve will boost rates aggressively to contend with decades-high inflation. The expiration of options potentially amplified equity-market moves on Thursday. Twitter Inc. closed lower as bi...

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...