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Montreal home sales fall as supply climbs for 11th month
A contrast with Quebec City’s momentum The Montreal data stands in sharp contrast to conditions in Quebec City, where 903 residential sales were completed in June 2026 – a 12% increase from a year earlier, according to QPAREB. Active listings in the Quebec City CMA rose 23% to 2,170 units, reflecting the third consecutive month…
Hormuz deal likelihood falls — but leaves munis unscathed
Munis were little changed on Thursday. U.S. Treasuries cheapened and equities ended lower as a deal to reopen the Strait of Hormuz seemed further away. Processing Content Muni yields richened by up to one basis point. UST yields were three to six basis points weaker. “The rates market is turning around under a mix of…
Retail Sales Fall Unexpectedly in July
U.S. headline retail sales fell unexpectedly in July, down 0.6% to $763.6B in July, while core retail sales fell unexpectedly by 0.3%. Key Takeaways Headline retail sales fell unexpectedly in July, down 0.6% to $763.6 billion. Core retail sales were down 0.3% in July, marking the second consecutive month of declines. Control purchases fell 0.4%…
ICYMI: ETF flows return to gold as Saxo flags 289-tonne central bank demand
ICYMI: ETF flows return to gold as Saxo flags 289-tonne central bank demand !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Toronto asset manager sells its Australian fund arm for a bigger stake in a growth partner
Calvert said the deal would let the firm grow its Australian business “in a more sustainable way” by building the distribution team and bringing GSFM closer to “Munro’s partnership model.” Munro’s investment management team, investment philosophy, and investment process will not change as a result of the transaction. Marc-André Lewis, president and chief investment officer of CI…
Analysis-Investors set sights on Swiss franc for popular carry trades after yen intervention
Analysis-Investors set sights on Swiss franc for popular carry trades after yen intervention