Canadian stocks and gold prices both rose in the third quarter of 2017. U.S. stocks were up, though the majority of the gains were lost due to the loonie’s strength this quarter. Long-term bond yields diverged, rising in Canada while relatively flat in the U.S. The price of oil recovered from the mid-year dip, though it remains down year-to-date.
|CHANGE THIS YEAR|
|US Gov 10-Year||2.33%||2.45%||-12bps|
|CAD$ / US$||0.802||0.744||7.8%|
Returns are based on price change only, and exclude dividends. Foreign indices are in USD.
Source: National Bank Financial, QUANT Monitor as of Sep 29, 2017