Markets partially recover from steep losses
TSX tumbles 1.6%
- By: Ross Marowits
- December 6, 2018 October 31, 2019
- 17:40
TSX tumbles 1.6%
Interest-rate hikes will still be needed over time
Companies shift to service-centered relationships that are portfolio and fee-based
Oil prices weighed on exports
Trade tensions and a “no-deal” Brexit pose the greatest sources of uncertainty and risk
The first products will be introduced in early 2019
Trade disputes and protectionism will dampen exports, but the USMCA removes uncertainties
Global economic growth is slowing and becoming less well-balanced
Canada’s central bank keeps eye on oil slump, investment
Lower growth prospects expected to reinforce Stephen Poloz’s strategy of moving very gradually on rate increases
Dow drops nearly 800 points on recession fears
The exchange operator plans to combine the Toronto-based firm with its existing analytics hub business
Canadian dollar posts biggest daily gain since Oct. 1
Rating agency may change ratings for Canada’s banks as institutions issue more bail-in eligible debt
Dow gains 200 points
Rating agency expects the big life insurers to produce strong results in 2019, with returns in the low- to mid-double-digit range
Growth in household spending slowed to 0.3% in the quarter
U.S. markets close lower
Fed chairman suggests possible pause in interest rate hikes
Average AUM growth slows despite strong equity market performance
Tech and consumer sectors point to start of good shopping season
Forecast reflects strong franchises, increasingly diversified business models and a supportive regulatory backdrop
U.S. stocks close lower after shortened session