Invesco Canada blog

Insights, commentary and investing expertise


Global Market Strategist, Invesco Ltd.
September 19, 2017

Subject | Institutional | Invesco | Macro views

The dials of geopolitical and monetary risk are spinning in different directions across the globe. Of note in the U.S., markets are wondering whether glimmers of political bipartisanship bode well for reform legislation, and the Federal Reserve (Fed) is gearing up for what may be one of its most important meetings ever.

Continued

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Interest rate outlook: BoC moves firmly into hawkish camp


Senior Portfolio Manager, Head of North America Rates, Invesco Fixed Income†
September 15, 2017

Subject | Institutional | Invesco | Invesco Fixed Income (IFI) | Macro views

The Bank of Canada (BoC) has moved firmly into the hawkish camp, with a rate hike to 1% this month, leaving the market expecting one more rate hike this year. The benchmark rate was raised to 0.75% in July.1 Recent economic data continues to surprise to the upside.

Continued

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Uncertainty clouds view of global markets


Global Market Strategist, Invesco Ltd.
September 12, 2017

Subject | Institutional | Invesco | Macro views

For the past several months, I’ve talked about disruption as a key theme for 2017 and argued that it would have three key sources this year, including geopolitics and monetary policy. Last week was emblematic of that theme, as geopolitical events and central bank decisions shared the spotlight.

Continued

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Surprise hike from hawkish BoC


Senior Portfolio Manager, Head of North America Rates, Invesco Fixed Income†
September 6, 2017

Subject | Institutional | Invesco | Invesco Fixed Income (IFI) | Macro views

In a move that surprised the market, the Bank of Canada (BoC) hiked the target overnight rate to 1% at today’s monetary policy meeting. This is the second hike in a row for the BoC. The market was not expecting the next rate hike until the Bank’s October meeting.

Continued

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Currency outlook: CAD rally continues


Senior Portfolio Manager, Head of Macro Research and Global Multi-Sector Portfolio Management, Invesco Fixed Income
September 1, 2017

Subject | Active management | Institutional | Invesco | Invesco Fixed Income (IFI)

The Canadian dollar has rallied significantly this year following the Bank of Canada’s (BoC) switch to a hawkish tilt. The combination of reasonably strong growth and the expressed intent of the BoC to remove both emergency rate cuts from 2015 left the market covering shorts in the Canadian dollar. The extreme rally has left the currency susceptible to a short-term retracement, in our view.

Continued

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