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The United States and China released Monday reciprocal lists of products worth about US$30-billion each that will see tariff cuts, in a deal expected to boost bilateral trade. The details came days after Chinese President…

Key Events and Likely TSX Impact Date Factor What to Watch Potential TSX Impact Mon. Sept. 28 Iran/Hormuz & oil Diplomatic developments, shipping flows, Saudi/Houthi attacks Energy: CNQ, SU, IMO, CVE most sensitive. Escalation →…

Monday September 28 China industrial profits and current account surplus (10:30 a.m. ET) U.S. Dallas Fed Manufacturing Activity Index for September. Tuesday September 29 Euro zone economic and consumer confidence (8:30 a.m. ET) Canada’s monthly…

Summary 3-Month Performance Asset Approx. 3-Month Change Relative to Gold WPM.TO +25.77% Strong outperformer AEM.TO +23.32% Strong outperformer FNV.TO +19.44% Outperformer ABX.TO +14.74% Outperformer Gold futures +4.33% Benchmark U.S. Dollar Index −0.38% Slightly lower over…

Result

The TSX Consumer Discretionary Index ($TTCD) is showing a short-term rebound, but the 3-month picture is still mixed. Main Reasons The sector weakness likely reflects: Bottom line: the chart shows an early rebound, not yet…

Bond yields are interest rates — the market rate for that maturity. Policy rates (Fed/BoC overnight) are the short end; bond yields are the rest of the curve. (*) See below How they connect What…

The key message from Europe this week was “relief from falling oil, but pressure from rising bond yields.” European equities snapped a three-week losing streak: the STOXX Europe 600 gained about 0.5%, its best weekly…