Tag: Bank of Canada
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![Entering a New Age of Abundance: Are We in the Midst of a Commodities Supercycle?]()
Entering a New Age of Abundance: Are We in the Midst of a Commodities Supercycle?
In the wake of the COVID-19 pandemic, the global economy has been in a state of flux. Among the market sectors experiencing significant shifts, commodities have shown signs that might suggest we are entering a new supercycle. But what is a commodity supercycle, and what does it imply for the global market and, specifically, the…
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![Short sellers still strong at TD Bank – are we missing something?]()
Short sellers still strong at TD Bank – are we missing something?
Short sellers still have a concerning percentage of the share float at TD Bank (TD.T), totalling 22% as of May 31, 2023 according to the Short Sale Trading Summary Report published by the Investment Industry Regulatory Organization of Canada or IIROC. TD Bank already made headlines when the Canadian-based financial institution was reported as the…
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![Bank of Canada raises interest rates by 0.75 percent]()
Bank of Canada raises interest rates by 0.75 percent
The Bank of Canada raised its key interest rate by 0.75 percent (three quarters of a percentage point) bringing the central bank’s key rate to 3.25%. This rate hike matches up with market and economist expectations. No surprise. Since March 2022, the Bank of Canada has increased rates by 300 basis points, the fastest pace…
