RESULTS at a glance
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.
| MARKETS | QTR-END
29-Mar-18 |
YR-END
31-Dec-17 |
CHANGE THIS YEAR |
| S&P/TSX Composite | 15,367 | 16,209 | -5.2% |
| S&P 500 | 2,641 | 2,674 | -1.2% |
| GoC 10-Year | 2.09% | 2.04% | 5bps |
| US Gov 10-Year | 2.74% | 2.40% | 34bps |
| CAD$ / US$ | 0.776 | 0.795 | -2.4% |
| WTIC Oil | $64.94 | $60.42 | 7.5% |
| Gold | $1,323.43 | $1,303.46 | 1.5% |
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