HEWC News and Press, iShares Currency Hedged MSCI Canada From 05/04/21

Global manufacturing output growth hits 11-year high, but record supply delays lead to production constraints. Backlogs of work rise at steepest rate for 17 years. Input costs rise at fastest rate for decade, lead to record factory gate price increase. For further details se...

With greater clarity on the sustainability of the economic recovery, we also saw the opportunity set across markets broaden to include sectors beyond those seen as the primary beneficiaries of an economic reopening. As expected, the recovery hasn't been smooth sailing for all, with su...

Housing starts skyrocketed 21.6% month over month (m/m) in March after the 11.7% m/m decrease in the previous month. Urban multifamily starts soared 33.8% m/m to an all-time high while single starts jumped 3.6% m/m, reaching the highest level since April 2010. Rural starts increased 2...

The week of April 19 was marked by positive economic news in both the U.S. and the UK. The Bank of Canada (BoC) garnered headlines by becoming the first major central bank this year to make reductions to its accommodative monetary policy. First-quarter earnings season continues to...

Canada's red-hot housing market: Will prices continue to soar? Low interest rates fueling the Canadian real estate market. Layering taxes to temper housing demand could have unintended consequences. For further details see: Canada's Red-Hot Housing Market: Will Prices Co...

Bank of Canada keeps key policy rate unchanged. BoC upgraded its growth outlook in spite of third-wave of infections, lockdowns. Orlando: Sees a rising Canadian dollar. For further details see: BoC Keeps Rates On Hold, Signals Rate Hikes In 2022

The Bank of Canada adjusts its target for weekly net purchases of Canadian government bonds to C$3B from C$4B, in line with its previous statements that it will end its quantitative easing programs.The adjustment reflects the nation's progress made in the economic recovery, as its outlook for...

Canadian government bond yields have increased along with global rates, while the Canadian exchange rate has strengthened against the currencies of Canada's largest trading partners. Although the BoC is also likely to pull forward their guidance for when rate hikes are likely to begin...

The euro remains the most undervalued of the major currencies, but not as cheap as it was a year ago when it was nearly 29% below the OECD's fair value calculation. The ECB has been encouraging a robust fiscal response, and while individual countries are boosting counter-cyclical spen...

The global economic recovery is gaining momentum as the world’s two largest economies continue to deliver robust economic readings. US stocks are steadily making fresh record highs and that could continue if Treasury yields take their time in recapturing the highs made at the e...