HEWC News and Press, iShares Currency Hedged MSCI Canada From 04/21/23

2023-04-21 12:30:00 ET Summary Although it’s typical for companies to “beat” lowered earning estimates, the earnings trend is recessionary, with a second sequential quarter of negative growth in 10 of 11 sectors. The second and third quarters aren’t loo...

2023-04-21 08:33:40 ET Retail Sales in Canada decreased 0.20% in February of 2023 over the previous month. For further details see: Retail sales in Canada drop 0.20% in February

2023-04-19 09:54:10 ET Housing starts in Canada slipped by 11% over a month earlier to 213,865 units in March of 2023, undershooting market expectations of 227,800 units. The SAAR of total urban starts declined 12% to 192,545 units recorded in March, as single-detached urban starts decr...

2023-04-15 00:35:00 ET Summary In addition to a plethora of Fedspeak, investors will closely pay attention to the Fed’s Beige Book. On Friday, the April flash PMI readings for the eurozone will be watched closely as they reflect some of the banking turmoil that has hit the ...

2023-04-14 00:40:00 ET Summary The Bank of Canada's balancing act between possibly hiking or cutting rates. Why the tough work by the Bank of Canada may lie ahead. The strong Canadian jobs market still makes the BOC's job harder. At its latest monetary policy...

2023-04-13 16:10:00 ET Summary Is the Bank of Canada finished its rate-hiking campaign? Outlook on the loonie. Why the Bank of Canada's work may not be done even as inflation comes down? The Bank of Canada keeps its key policy rate unchanged at 4.5%, as the c...

2023-04-07 01:56:00 ET Summary Why markets are still ahead despite numerous headwinds. Is the robust U.S. jobs market finally turning a corner? The potential for a goldilocks scenario for markets and what it may look like. Recent data suggests the U.S. jobs m...

2023-04-05 21:30:00 ET Summary Are energy and financials at a crossroads? What OPEC+ cuts mean for Canadian energy players. The banking crisis may not be over, but Canadian banks remain robust. The production cut from OPEC+ could have implications for Canada&...

2023-04-05 09:39:13 ET Canada posted a trade surplus of C$420M in February of 2023, narrowing sharply from the downwardly revised surplus of C$1.2B in the previous month. The amount is below market expectations of a C$1.8B positive balance. Total exports fell by 2.4% to C$65B in the...

2023-04-05 02:22:00 ET Summary Earnings expectations have weakened this year; however, we still expect lower earnings per share growth than consensus expectations. Profit margin changes are a key driver of earnings growth. We expect further margin weakness ahead. Our weak earn...