Plus, Scotiabank extremely bearish on loonie
“We have been bearish on the Canadian dollar for some time, and although the loonie has remained more resilient than-expected, we find it hard to have a constructive view. At best, it remains stuck in its 2-year range, but we continue to see more downside risk than upside risk going forward. Consider the following points: Fed vs BoC: Heading in the same direction, but at very different speed. Is the interest rate differential already priced-in the loonie? Maybe partially, but probably not fully.
“Our Q3 earnings season kicks off this week and runs through November 15. In advance, we’ve revisited the cap rate assumptions underpinning our NAV work and re-calibrated target prices. Broadly speaking, target prices are up for our retail and industrial names; we’ve trimmed targets for most of multifamily REITs under coverage.
“After a three-day event at the Idaho National Lab, Ross Fowler thinks the development of new nuclear technologies is underappreciated. According to U.S. Department of Energy estimates, U.S. nuclear capacity must triple to 300GW by 2050. Supportive federal legislation and investment commitments in Small Modular Nuclear Reactors are signs of progress.
Canada News Breaking News Video Canadian Breaking News Breaking News Globe And Mail Breaking News Globe And Mail Canada News Photos World News Local News National News Us News Foreign News Sports News Arts News Life News Lifestyle Canada Traffic Canada Weather Trudeau Government Federal Government Canada Sports Canada Sports News Politics Politics News Political News Political Opinion Environment Economy Technology Education Travel Canada Alberta Bc British Columbia Manitoba Ontario Quebec Nova Scotia Pei New Brunswick Newfoundland And Labrador Nunavut Northwest Territories Yukon Globe And Mail
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Broad-based decline in momentum’ for Canadian rents, says BMO REIT analystDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »
Tactical advice in REIT sector from a Scotiabank analystDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »
Top picks in energy from a Scotiabank analystDaily roundup of research and analysis from the The Globe and Mail’s market strategist Scott Barlow
Read more »
BMO analyst’s top picks in dividend-heavy energy infrastructure sectorDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »
Top picks in yield-heavy energy infrastructure sector from a Scotiabank analystDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »
MLSE shows off Scotiabank Arena upgrades, including tunnel club, with more to comeTORONTO — Fans at Scotiabank Arena for concerts or Toronto Maple Leafs and Raptors games will notice bigger, brighter walkways and more technology these days...
Read more »