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Category: canada

Fireworks.

October 25, 2017October 25, 2017

“…or what counts as ‘fireworks.'”

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3 Comments on Fireworks.

Loonie Falls As BoC On Hold, Says ‘Cautious’ On More Hikes

October 25, 2017October 25, 2017

BANK OF CANADA WILL BE ‘CAUTIOUS’ WITH FUTURE RATE INCREASES

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Super Mario: Full Week Ahead Preview

October 22, 2017October 22, 2017

As usual, the docket is full and the risks are multiplying.

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2 Comments on Super Mario: Full Week Ahead Preview

‘Good Luck Out There’: Full Week Ahead Preview

October 15, 2017October 15, 2017

Oh, boy. Try to wrap your head around all of this.

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4 Comments on ‘Good Luck Out There’: Full Week Ahead Preview

A New Global Trend Or Just Maple Syrup On Bacon?

September 13, 2017

“I can already hear the guffaws from all my hard money readers. The last thing the government needs to do is spend more money is what they will say. We need to save more, spend less, and tighten our belts. Well, that has been tried.”

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14 Comments on A New Global Trend Or Just Maple Syrup On Bacon?

Boris The Bullet-Dodger.

September 6, 2017September 6, 2017

Seemingly unwilling to risk any further damage to his already low approval ratings, Trump ultimately

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Chart Of The Day: So Is That The 50Y Or The 2Y Yield?

September 6, 2017

We’re going to keep writing about today’s BoC rate hike because as noted earlier, it’s more important than most stories that contain the word “Canada.”

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Consider This A Preview: Don’t Ignore Canada’s Rate Hike

September 6, 2017September 6, 2017

The BoC hike is important. Poloz is effectively being used as a guinea pig by DM central bankers to see what happens when you hike rates in the post-crisis era. And if you’re a market watcher in the U.S. or Europe, you should take note of what the TSX did as soon as the decision came down.

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1 Comment on Consider This A Preview: Don’t Ignore Canada’s Rate Hike

Bank Of Canada Hikes Rates, Loonie Surges To Fresh Two-Year High

September 6, 2017September 6, 2017

This wasn’t entirely unexpected given the hot economic data that’s been coming in fast and furious over the past couple of months, but it is extremely notable coming after the July hike.

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‘Good Luck, We’re All Counting On You’: Full Week Ahead Preview

September 3, 2017September 4, 2017

To be sure, whatever you thought was going to dominate the news flow in the week ahead is probably going to take a backseat to North Korea, for obvious reasons. 

But North Korea isn’t the only thing on traders’ minds this week. Not by a long shot.

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Meanwhile, In Canada: GDP Grows The Most Since The Turn Of The Millennium

July 28, 2017July 28, 2017

Y/Y, Canada’s economy grew by 4.6% in the 12 months through the end of May. That’s the highest growth rate since the millennium!

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Loonie Tunes: Closing The Book On A Short Gone Horribly Wrong

July 21, 2017

And thus ends one of the most painful chapters in the history of spec positions gone horribly wrong.

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1 Comment on Loonie Tunes: Closing The Book On A Short Gone Horribly Wrong

‘Does Canada 2017 = US 2007?’ Goldman Asks If Canada Is On The Brink

July 19, 2017

“Nominal home prices in Canada have grown by 13% over the past year, and by 200% since 2000. These sharp increases in home prices in Canada have invited comparisons with the US housing market in the period leading up to the Global Financial Crisis.”

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1 Comment on ‘Does Canada 2017 = US 2007?’ Goldman Asks If Canada Is On The Brink

Horrific Loonie Short Disappears As Bears Frantically Covered Into Rate Hike

July 14, 2017July 14, 2017

Well with the release of the latest CFTC data, we learn that a long, and exceedingly painful chapter for CAD shorts has (almost) come to an end…

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1 Comment on Horrific Loonie Short Disappears As Bears Frantically Covered Into Rate Hike

Stocks Surge On ‘Good Cop’ Yellen; Trader Makes ‘Unprecedented’ $10 Million Bond Bet

July 12, 2017

Well, the message from Yellen was heard loud and clear and amusingly, so was the

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1 Comment on Stocks Surge On ‘Good Cop’ Yellen; Trader Makes ‘Unprecedented’ $10 Million Bond Bet

‘Sold To You!’, Loonie Bulls

July 12, 2017

“The Loonie is streaking higher like a Canuck on a breakaway, and suddenly, all the Canadian Dollar bears are strangely silent.”

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‘Loon’-Acy: USDCAD Dives As Bank Of Canada Hikes Rates

July 12, 2017July 12, 2017

Canada Raises Rate to 0.75%, Says CPI Softness Is Temporary
BOC: “current outlook warrants today’s withdrawal of some of the monetary policy stimulus in the economy”

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One Trader Is Already ‘Outraged’ And It’s Only Monday

July 10, 2017

“I’m also outraged.”

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1 Comment on One Trader Is Already ‘Outraged’ And It’s Only Monday

O, Canada! China?! Yellen Yellin’: Full Week Ahead Preview

July 9, 2017July 9, 2017

Ok, well this should be an interesting week. We’ll get the BoC, which will make

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Guest Post: An E.T.A. For The Man With The Pin

May 17, 2017

“I find it funny how with all this printing, market participants are surprised when the price of assets rise.”

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“A Pretty Eclectic Collection Of Unrelated Developments”

May 11, 2017May 11, 2017

SocGen’s Kit Juckes probably summed up the overnight session best: Overnight currency drivers have been

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1 Comment on “A Pretty Eclectic Collection Of Unrelated Developments”

Guest Post: So You Wanna Be A “Cool Kid?”

May 9, 2017

“Doesn’t really help us that much, except to note that maybe all this other analysis is bullshit, and instead we should just focus on crude oil and interest rates.”

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Guest Post: Tough Day To Be Canadian

April 26, 2017

“It doesn’t really matter. For a while, investors will assume the rot spreads deeper than just one company. The entire Canadian real estate sector will now be guilty until proven innocent.”

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1 Comment on Guest Post: Tough Day To Be Canadian

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