Market Insights

Macquarie looks to shake up broker world

If Macquarie’s able to achieve what it has set out to do with the recently purchased Blackmont Capital – effectively create a boutique broker/advisor shop with an international deal flow – it could drastically alter the way brokers do business in Canada. The transactional nature of broker businesses have generally ridden out the storm much […]

By Mark Noble |November 1, 2009

5 min read

A.M. market numbers: October 30, 2009

Asian stock markets snapped three days of losses Friday after the U.S. economy broke out of a yearlong slump, spurring hopes of improved demand for the region’s exports. European shares were mixed. Major benchmarks from Tokyo to Sydney gained 1.5 per cent while a few markets failed to hold their gains and ended slightly down. […]

By Staff |October 30, 2009

3 min read

P.M. market numbers: October 30, 2009

The Toronto stock market tumbled as the Canadian economy shrank in August while a drop in U.S. consumer spending raised worries about economic growth being excessively driven by government stimulus measures. The S&P/TSX composite index fell 164.47 points or 1.49% to 10,910.75 as gross domestic product shrank 0.1% against an expected 0.1% rise. The loonie […]

By Staff |October 30, 2009

2 min read

A.M. market numbers: October 29, 2009

Stock futures are pointing to a modestly higher opening Thursday as investors await a key reading on the nation’s economic health. Overseas markets were mixed. Investors have spent the past couple of months hunting for clues of just how much the economy has recovered from its depths earlier this year. Thursday’s gross domestic product reading […]

By Staff |October 29, 2009

3 min read