TD/ Canada Trust Economic Highlights – July 11

HIGHLIGHTS OF THE WEEK – July 11United States• As financial markets continue to digest the outcome of Britain’s referendum decision to leave the EU,attention this week turned to the American economy where data were generally upbeat.• ISM indexes for both the manufacturing and non-manufacturing sectors showed activity picked up in June.This news, however, paled in …
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TD/ Canada Trust Economic Highlights – July 4

HIGHLIGHTS OF THE WEEK – July 4 United States• Some stability has returned to financial markets this week, following post-Brexit selloff. Volatility has subsidedand equities rallied, with the S&P 500 erasing much of its Brexit-related losses.• Economic data were also encouraging. Personal spending rose by a solid 0.4% m/m in May, coming onthe heels of …
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Referral Mortgages Article – June 30

Q2 2016 Bank Earnings – Mortgage Morsels Canada’s Big 6 banks have wrapped up another earnings season, raking in more than $8.5 billion in the second quarter. Among the highlights: Most of the banks anticipated losses from the Fort McMurray wildfire, but nothing headline-making. Scotia and TD both reported small declines in their residential mortgage …
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TD/ Canada Trust Economic Highlights – June 27

HIGHLIGHTS OF THE WEEK – June 27United States• Markets were on tenterhooks all week in anticipation of the British referendum, with anxiety turning topanic overnight as Britain, in a historic vote, decided to leave the European Union (EU).• Central banks announced readiness to deal with any fallout related to potential liquidity shortages, helpingstem near-term pressures …
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TD/ Canada Trust Economic Highlights – June 20

HIGHLIGHTS OF THE WEEK – June 20 United States• Global bond yields continued to drop this week, with the German 10-year yield moving negative for thefirst time and the U.S. 10-year dipping as low as 1.54% before edging up slightly at the end of the week,pulled down by “Brexit” fears.• The Federal Open Market Committee …
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TD/ Canada Trust Economic Highlights – June 20

HIGHLIGHTS OF THE WEEK – June 20United States• Global bond yields continued to drop this week, with the German 10-year yield moving negative for thefirst time and the U.S. 10-year dipping as low as 1.54% before edging up slightly at the end of the week,pulled down by “Brexit” fears.• The Federal Open Market Committee left …
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TD/ Canada Trust Economic Highlights – June 15

HIGHLIGHTS OF THE WEEK – June 15 United States • Sparse economic data this week has left market participants dwelling on last Friday’s very weak jobs report. • Chair Yellen’s speech on Monday did not reiterate the previously used phrase that the FOMC is considering a rate hike ‘in the coming months’, leaving markets confident …
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