Scotiabank’s Commodity Price Index inched down 0.4% last month. The pace of the decline slowed from June’s sharp 4%. “In recent weeks, riskier assets like oil and equities have been buoyed by expectations of further Federal Reserve monetary policy easing or a major bond purchase program by the European Central Bank,” says Patricia Mohr, Vice-President, […]
BMO Financial Group has launched a financial relief program to assist its customers affected by the drought in North America. Both record heat and lack of rain has been unforgiving in the American Midwest this summer, leading to the worst drought seen in 56 years. As of July 31, nearly two-thirds of the continental U.S. […]
Quantitative easing’s main purpose is to provide liquidity to the financial system. A system without liquidity, which we witnessed during the financial crisis of 2008, is one where lending dries up and business is harder to transact.
Grain prices have surged over the past six weeks as drought-like conditions have raised concerns about the health of the summer crop.
Researchers have made surprising discoveries about how the commodities market works.
Last week’s European Council Summit surpassed the low expectations of investors.
Canada's economic growth was subdued in the Q1 2012, but is expected to gain ground, says the latest RBC Economic Outlook.
Oil prices critically affect the North American economy, so what if they went down? Craig Porter, Front Street Capital, says it's a fine line; companies can explore and profit at lower prices, but if the drop is too steep, growth will be stunted.
Economists are being too alarmist when considering the fate of the Eurozone, says Benjamin Tal, managing director of CIBC.
Commodity prices continued to decline in March, extending the slide to four months, according to the Scotiabank Commodity Price Index. The index fell 2.9% month-over-month, and is off 5.2% year-over-year.