RESULTS at a glance
U.S. stocks continue to recover from their tumble in February while Canadian markets remain flat year-to-date. This divergence reflects in the CAD/USD exchange rate, which is down 2.5% year-to-date. Long-term bond yields continue to climb in both countries, and while oil has seen a strong rebound, gold has fallen further down from the start of the year.
|
MARKETS |
QTR-END
28-Sep-18 |
YR-END
31-Dec-17 |
CHANGE THIS YEAR |
|
S&P/TSX Composite |
16,073 | 16,209 |
-0.8% |
|
S&P 500 |
2,914 | 2,674 |
9.0% |
| EAFE | 1,974 | 2,051 |
-3.8% |
|
GoC 10-Year |
2.43% | 2.04% |
39 bps |
| US Gov 10-Year | 3.05% |
2.40% |
65 bps |
|
CAD$ / US$ |
0.775 | 0.795 | -2.5% |
| WTIC Oil | $73.25 | $60.42 |
21.2% |
| Gold | $1191.49 | $1,303.46 |
-8.6% |
Returns are based on price change only, and exclude dividends. Foreign indices are in USD.
Source: National Bank Financial, QUANT Monitor as of September 28, 2018