Good morning, Markets are still in “hurry up and wait” mode as investors look for any developments out of Europe and patiently wait tomorrow’s speech from Fed Chairman Ben Bernanke at 8am (MT). RBC, CIBC and TD bank reported earnings today and announced dividend increases of 5%, 4.4% and 7% respectively. The Royal Bank reported [...]

Market Comment In what is shaping up to be a quiet day in the markets, all eyes seem to be focused on Hurricane Isaac that is bearing down on New Orleans. Hurricane Isaac Hurricane Isaac is currently only 50 miles away from New Orleans and meteorologists expect the Hurricane to make landfall in the “Big [...]

Good morning, The Canadian dollar is retesting the recent highs of its trading range, gaining 50 basis points over night against the US dollar as correlations between the CAD and crude oil and equities remains high. Tropical storm Isaac is beginning to reach hurricane strength as it closes in on the Louisiana coast. President Obama [...]

Market Comment It will be a quiet week in terms of economic data; investors will be keeping a very close eye on the Jackson Hole symposium hosted by the Federal Reserve, which begins on Thursday. There are high hopes that Fed Chairman Bernanke will signal some form of stimulus, though most economists believe it to [...]

Market Comment The Canadian dollar remains tightly range-bound as we enter a very quiet morning in terms of news and data. Equity markets are all in the red while commodities remain stable. Core durable goods orders for the US in July surged 4.2%, well above of the expected 2.6% rise. Pushing orders higher was a [...]