Read more about H1 – 2017 in WDS Investment Perspectives. Canadian and U.S. stock-returns diverged even more this quarter, with the Canadian market slumping as U.S. markets set record highs. Long-term bond yields took different directions as well, rising in Canada and falling in the US. Gold is flat since March. Oil has dropped further.  The Canadian dollar continued it climb against the U.S. dollar with an anticipated interest rate increase on the horizon.

 

MARKETS QTR-END

30-Jun-17

YR-END

30-Dec-16

CHANGE THIS YEAR
S&P/TSX Composite 15182 15288 -0.7%
S&P 500 2423 2239 8.2%
GoC 10-Year 1.77% 1.72% 5bps
US Gov 10-Year 2.31% 2.45% -14bps
CAD$ / US$ 0.771 0.744 3.63%
WTIC Oil $46.04 $53.72 -14.3%
Gold $1,243.47 $1,157.49 7.4%

 Returns are based on price change only, and exclude dividends.  Foreign indices are in USD.

 

Source: National Bank Financial, QUANT Monitor as of June 30, 2017