RESULTS at a glance – 2017 Year End
After a sub-par start, Canadian equities played quick catch-up. U.S. stocks had robust returns, though lowered substantially by the loonie’s surge. Short-term interest rates are rising, in Canada and the U.S. Oil broke out of its slump ending higher than analysts’ forecasts. Gold experienced redemption in 2017, too. Read more in Investment Perspectives.
| MARKETS | YR-END
29-Dec-17 |
YR-END
30-Dec-16 |
CHANGE LAST YEAR |
| S&P/TSX Composite | 16209 | 15288 | 6.0% |
| S&P 500 | 2674 | 2239 | 19.4% |
| GoC 10-Year | 2.04% | 1.72% | 32bps |
| US Gov 10-Year | 2.40% | 2.45% | -5bps |
| CAD$ / US$ | 0.795 | 0.744 | 6.9% |
| WTIC Oil | $60.42 | $53.72 | 12.5% |
| Gold | $1303.46 | $1157.49 | 12.6% |
Returns are based on price change only, and exclude dividends. Foreign indices are in USD.
Source: National Bank Financial, QUANT Monitor as of Dec 29, 2017