News and resources for Canada's top financial advisors
Market Insights
The Toronto stock market looked set for a positive open Friday with investor confidence getting a boost from a vastly improved reading of Chinese exports. The Canadian dollar was ahead 0.13 of a cent to 95.3 cents US. New York futures also headed higher on news that China’s November exports were down only 1.2% from […]
By Staff |December 11, 2009
3 min read
The Toronto stock market headed for a positive open Thursday morning as the U.S. dollar weakened against other currencies and sent commodity prices higher following a series of declines. The Canadian dollar was ahead 0.38 of a cent to 95.21 cents US. New York futures pointed to a higher start to the session with the […]
By Staff |December 10, 2009
The Toronto stock market headed for a positive open following four days of declines as commodity prices steadied amid a weaker American currency and continued nervousness about foreign debt loads. The Canadian dollar rose 0.31 of a cent to 94.3 cents US. New York futures signalled a higher open a day after North American indexes […]
By Staff |December 9, 2009
It’s different for every client. Respondents at our 2009 Dollars & Sense roundtable discussion say client response to investment products is all over the map, although there’s still some favour shown to capital preservation – at least for now. “Some of the senior clients are looking for security and capital preservation,” says Eva Froese, PFP, […]
December 9, 2009
4 min read
The Toronto stock market closed little changed with the market weighed down by financials amid growing caution about the threat posed by high government debt levels. The S&P/TSX composite index finished the day up 10.29 points to 11,379.22, supported by mining stocks. The Canadian dollar rose 0.84 US cent to 94.83 cents US. Investor nervousness […]
1 min read
The Toronto stock market appeared headed for a fourth negative session as a rising American currency helped depress commodity prices and investors awaited an announcement by the Bank of Canada on interest rates later in the morning. The Canadian dollar was down to 94.84 cents US ahead of the announcement. Economists expect the central bank […]
By Staff |December 8, 2009
The Toronto stock market closed lower as a stronger greenback weakened commodities. Investors also worried about downgrades of government credit ratings. The S&P/TSX composite index dropped 120.7 points to 11,369. Moody’s Investor Services warned that the United States and Britain must get a grip on their public finances to avoid threats to their top, Triple-A […]
2 min read
The Toronto stock market headed for a lower opening Monday as a surging American currency sent commodity prices lower. The Canadian dollar was down 0.12 of a cent to 94.41 cents US. U.S. futures also pointed to a negative open amid investor nervousness about this week’s U.S. Federal Reserve meeting on interest rates. The Dow […]
By Staff |December 7, 2009
The Toronto stock market closed slightly lower, weighed down by commodity stocks as prices faltered. The S&P/TSX composite index lost 21.17 points to 11,489.63 while the Canadian dollar moved up 0.45 of a cent to 94.98 cents U.S. a day before the Bank of Canada makes its next announcement on interest rates. The gold sector […]
North American markets headed for a strong open after American jobs data for November blew past expectations. The U.S. Labour Department said that 11,000 people lost their jobs last month, far below the 120,000 that had been expected. The jobless rate came in at 10%, down from 10.2% in October. And there were major revisions […]
By Staff |December 4, 2009
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