Daily News

Investors continued to pull their money out of Canadian mutual funds in July. The latest data from the Investment Funds Institute of Canada (IFIC) showed there was a net redemption of $4.5 billion from equity and bond mutual funds in the month. That follow...

Short the UK pound and buy currencies from commodity exporters, such as the Canadian dollar, is a trading strategy recommended by Jefferies Financial Group Inc.  Strategists at the bank are telling clients that there’s still time to profit from the economi...

As return rates of guaranteed investment certificates (GICs) rise, they’re providing an alternative for investors who have for years been forced to put their money into the stock market to find any sort of meaningful yield, according to the head of one Bay St...

There are very few sectors in the Canadian stock market that are attractive to JF Tardif, he said, as investors remain “too complacent” in the face of rising recession risks. “We're not quite seeing, right now, a recession in my opinion. And a lot of the s...

Hedge funds ramped up bets on megacap US tech stocks and whittled down overall holdings to focus on favored names last quarter, with conviction climbing back to levels seen at the start of the pandemic, according to Goldman Sachs Group Inc. The funds boost...

North American stock markets were largely flat Wednesday as investors took a breather in advance of Friday's meeting of the U.S. Federal Reserve in Jackson Hole, Wyo. The S&P/TSX composite index was up 36.03 points at 20,021.38. In New York, the Dow Jon...

Darren Sissons, vice-president and partner, Campbell, Lee & Ross  FOCUS: Global and technology stocks   MARKET OUTLOOK: The markets have entered a period of heightened volatility that will continue for the foreseeable future. That volatility spike...

Stock traders remained hesitant to make any huge bets ahead of Jerome Powell’s speech on Friday, which may provide clues on how hawkish the Federal Reserve will be in the face of mounting economic challenges. After wandering aimlessly earlier Wednesday, th...

No one knows for sure what Chair Jerome Powell will say in his speech on Federal Reserve monetary policy Friday. One thing is clear, though: the potential for marketwide shock is sky high.  Stocks, bonds, commodities -- everything is moving in lockstep, th...

Further to the announcement that Deputy Governor Timothy Lane will be retiring from the Bank on September 16, the Board of Directors of the Bank has initiated a recr...