Canadian markets are treading carefully as the loonie steadies near a multi-week low following a flat July GDP print, with modest August growth expected. Trade friction with the US
Canadian markets are treading carefully as the loonie steadies near a multi-week low following a flat July GDP print, with modest August growth expected. Trade friction with the US continues to dominate the narrative, with heated rhetoric from US officials adding to the strain on cross-border relations. Oil gains are offering some support to equities in early trading, while a new AI infrastructure partnership involving a major domestic telecom highlights ongoing corporate activity beneath the macro noise.
Sources
Ezbrisk weighs each event against the market reaction and publishes a verdict with an overreaction reading. How the methodology works