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