It’s been a rough start to 2018. Stocks fell in the first quarter in Canada and the U.S., while both countries’ long-term bond yields increased. The Canadian dollar took a hit, falling 2.4% as NAFTA negotiations with Mexico and the U.S. continue. Oil prices saw strong appreciation. Gold ended the quarter slightly higher.
|CHANGE THIS YEAR|
|US Gov 10-Year||2.74%||2.40%||34bps|
|CAD$ / US$||0.776||0.795||-2.4%|
Returns are based on price change only, and exclude dividends. Foreign indices are in USD.
Source: National Bank Financial, QUANT Monitor as of March 29, 2018