Latest news in Research and Markets

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Fitch downgrades TD Bank outlook to negative

Rating agency cites potential fallout from anti–money laundering deficiencies at the bank

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AML issues aside, TD had solid quarter: Moody’s

Strong revenues boost earnings amid rising provisions, charges

business woman

Business optimism grows in Q2: StatsCan

Labour-related concerns increase, but sentiment improves regardless

Governor Tiff Macklem and senior deputy governor Carolyn Rogers

Will the BoC cut in June?

A National Bank economist explains why the answer is unclear

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Bank capital reforms poorly timed, Scotia warns

Tougher capital rules may lead to sharply lower lending

Arrow up

Assets surge in Q1 for U.S. fund industry: Moody’s

Markets drive industry AUM higher, net flows positive for large firms

Image of smiling young lady standing in supermarket shop near cashier's desk holding credit card. Looking aside.

Retail sales down 0.2% in March

However, StatsCan says its early estimate of the metric for April was a 0.7% increase


Sticky services inflation stymies rate cuts: Fitch

Wages, housing costs stoking price pressures in services

credit card concern

Money is the leading stressor for nearly half of Canadians: survey

Grocery prices, general inflation and housing-related costs are the top sources of financial stress

  • By: IE Staff
  • May 23, 2024 May 23, 2024
  • 06:55
Federal Reserve building

Federal Reserve minutes: Policymakers saw a longer path to rate cuts

Meeting minutes show that officials debated whether their benchmark rate was exerting enough of a drag on the economy

investment risk

Mortgage lending among top risks facing financial system: OSFI

Regulator says homeowners could face payment shocks due to higher interest rates when they next renew their mortgages

money flow

ETF sales defy decline in fund assets: IFIC

Markets drove both mutual fund and ETF assets lower in April

home sale

U.S. existing home sales drop 1.9% in April

Median price of previously occupied homes rose 5.7% to $407,600 — the tenth straight increase and a record for April

Japan credit card

Japan racks up trade deficit as imports balloon due to cheap yen

Trade deficit in April grew nearly 8% from a year earlier


Canadians feel grocery inflation getting worse: poll

Almost a third of Canadians believe the cause is grocery stores trying to increase profit margins

Binder with papers

CPP Investments earned 8.0% in latest fiscal year

Net assets for year ending March 31 totalled $632.3 billion

U.K. inflation

U.K. inflation falls to 2.3%

Consumer price index shows inflation’s fall to lowest level in nearly three years but still above Bank of England's target

Household debt burden

Mortgage performance still strong: Fitch

Robust job market is keeping delinquencies low for now

Low angle view of Skyscrapers in downtown Toronto during the day

Boosting bank competition without sacrificing safety

Open banking, fintech can enhance innovation, DBRS Morningstar says

flags of usa and china painted on cracked wall

Tariff hikes inflict political pain, not economic

Cost of latest trade salvo is low, but it escalates tensions, Moody's says

inflation at the grocery store

Canada’s inflation rate falls to 2.7% in April, driving up odds of June rate cut

The slowdown from 2.9% in March was led by food prices, services and durable goods

Mortgages, credit cards drive debt higher

Household debt levels rise in March, StatsCan reports

Globe dollars

Canadian investors pile into foreign equities

Portfolio outflows reach record levels in March, first quarter, StatsCan says

China flag

China rolls out new measures to fix its property crisis, spur growth

The central bank said it will reduce the minimum down payment for mortgages

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Investor risk appetite rises: S&P

Brighter earnings prospects underpin growing optimism, survey finds