Analysis: Indices

Canada August factory sales most likely down 1.5% - Statscan flash estimate

Canadian factory sales most likely fell 1.5% in August from July, largely driven by lower sales in the petroleum and coal product as well as primary metal subsectors, Statistics Canada said in a flash...

Indices: What do you buy when rates fall and earnings rise?

Fed rate cuts rarely take place against a backdrop of rising earnings. In fact, it's the exception . However, until there is evidence to the contrary, this is what is happening, with analysts...

Oil edges up following US rate cut move, geopolitical concerns

Oil prices gained slightly during early trade on Monday, boosted by concerns conflict in the Middle East may impact supply in the key producing region and expectations the U.S. interest rate cut last...

Investor focus turns to data, election, earnings after Fed cut

A roaring rally in U.S. stocks will face a gauntlet of economic data, looming political uncertainty and a corporate earnings test in coming weeks as investors navigate one of the most volatile periods...

Indices : The real estate bull rides the momentum

On Wednesday evening, Jerome Powell, Chairman of the US Federal Reserve, surprised the markets by going for a 50 basis point interest rate cut. This news gave a boost to the real estate sector, which...

Futures pause after Wall Street's rally on Fed policy pivot

U.S. stock index futures edged lower on Friday, taking a pause from the previous session's rally that set Wall Street's main indexes on track for weekly gains after the Federal Reserve took a pivotal...

Rate cuts are here, but US stocks may have already priced them in

As the Federal Reserve kicks off a long-awaited rate cutting cycle, some investors are wary that richly valued U.S. stocks may have already priced in the benefits of easier monetary policy, making it...

Oil prices set to end week higher after US rate cut

Oil prices, which were little changed in early Asian trade on Friday, were on track to end higher for a second straight week following a large cut in U.S. interest rates and declining global...

Hershey Co lays off some workers this week

A spokesperson for Hershey said on Thursday the chocolate maker laid off a small number of its employees this week as part of organizational changes the company announced earlier this year when cocoa...

BMO raises S&P 500 target for 2024 to 6,100 from 5,600

BMO Capital Markets on Thursday said it was raising its S&P 500 target for 2024 to 6,100 from 5,600. The benchmark index was last at 5,720, up 1.8% on the day, following Wednesday's...

Stocks and dollar gain as Fed charts 'soft landing' path

The dollar bounced, long-dated bond yields were up and Asian stocks mostly rose after the U.S. Federal Reserve began its easing cycle with a large rate cut, though it tempered that with a balanced...

Oil prices fall as US rate cut fails to boost market sentiment

Oil prices fell in Asian trading on Thursday after a larger-than-expected Federal Reserve interest rate cut sparked concerns about the U.S. economy. Brent crude futures for November fell...

Fed goes big, markets yo-yo

A look at the day ahead in Asian markets. Go big, and go bold, was the advice to Fed Chair Jerome Powell and colleagues from some U.S. policy watchers and even former policymakers, and...

Fed Is a Poor Guide for Stock Investors

Bloomberg Opinion's Nir Kaissar expects some investors will be tempted to chase stocks given the stubborn conventional wisdom that interest rates and stock prices move in opposite directions and...

Fed slashes rates 50 bp in first easing since pandemic hit

The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing...

Oil prices steady, with investors focusing on Fed decision

Oil prices steadied on Wednesday, after rising in the previous two sessions, as investors await the U.S. Federal Reserve's anticipated interest rate cut, with the potential for more violence in the...

Fed's close call - the waiting is almost over

A look at the day ahead in Asian markets. Investors in Asia will be forgiven for any reluctance to take on much risk on Wednesday ahead of the Federal Reserve's interest rate decision...

Canada's inflation cools to 2% in Aug, reaches central bank's target

Canada's annual inflation rate reached the central bank's target in August at it cooled to 2%, its lowest level since February 2021, data showed on Tuesday. The closely watched core...

Column-Record US household wealth may increase chance of soft landing: McGeever

As the Fed prepares to cut interest rates, U.S. households are sitting on their largest accumulation of net wealth in history. By some financial measures, U.S. consumers are better off than they've...