Top picks from Daniel Straus, managing director, ETF Research, National Bank of Canada Financial markets
Daniel Straus, head of ETF Research and Strategy at National Bank Financial, discusses her outlook for the markets.Global financial markets experienced significant turbulence earlier this month. An unexpected rate hike by the Bank of Japan threatened to narrow the gap between Japan and the U.S. interest rates, triggering an unwinding of the yen carry trade and resulting in a global equity selloff on Aug. 5.
National Bank’s economics and strategy team is comfortable maintaining an overweight in gold bullion and gold stocks. The price of gold bullion has reached a new high, driven by increased market volatility and a weakening of the U.S. dollar in anticipation of rate cuts.
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.
Seeing stability for Canadian REITs, a CIBC analyst previews earnings season and reveals top picksDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »
BMO bank analyst previews profit reports, provides top picks in sectorDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »
Morgan Stanley’s ‘Fresh Money Buy List’ of top picks tilts defensiveDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »
Paul Harris’ Top Picks, August 8, 2024Top Picks from Paul Harris, Partner and Portfolio Manager, Harris Douglas Asset Management
Read more »
BMO chief strategist bullish on Canadian small-cap stocks, provides top picksDaily roundup of research and analysis from Scott Barlow
Read more »
Colin Cieszynski’s Top Picks, August 7, 2024Top picks from Colin Cieszynski, chief market strategist, SIA Wealth Management
Read more »