Articles & Reports
The Week Ahead - Why Finance Ministers are still sweating it
Ordinarily, a Canadian federal or provincial finance minister wouldn’t be sweating about their budgets when the country’s jobless rate sits at only 5.7%...
The FX Files – Drifting, But Not Quite Deviating
To begin: North American equity futures are drifting higher ahead of the cash open. Other moves of note overnight - front-end JGBs are under a fair amount of pressure after Japanese inflation came in hotter than expected for the month of January.
The FX Files – When the Coffee’s Too Cold...
To begin: Fairly quiet to start. Feels like the week should start off on a quiet note before things kick into a higher gear on Wednesday.
The Week Ahead: Head Fake
We do not envy the poor souls at Statistics Canada that are in charge of producing the nation’s productivity numbers on a quarterly basis.
The FX Files – PMIs Point to Better Global Growth Prospects
Into the start: Equities are up globally amid the Nvidia earnings beat and generally stronger global composite PMIs.
In Focus: Canadian GDP - Still some low-hanging fruit to pick
Facts can change, particularly when they rely on volatile economic data. At the moment, though, GDP growth appears to be running stronger than the Bank of Canada had assumed a month ago, creating a slight headache for policymakers.
The Week Ahead: Let’s talk about the weather
Mark Twain never uttered his supposed comment that “everybody talks about the weather, but nobody does anything about it.” But economists occasionally do blame atypical weather when their forecasts go awry.
Economic Insights: Anatomy of an easing cycle - Dissecting the past to predict the future
It’s not if, but when and by how much. An easing cycle seems highly likely to commence in both the US and Canada this year, with the Fed having seen two quarters in which core PCE prices ran at an annualized 2% pace, and the Bank of Canada seeing growing economic slack that should cool CPI inflation north of the border.
The FX Files – A Reprieve Before CP
Feels like markets are pausing a bit here – most likely due to proximity to key inflation numbers out of the US/UK as opposed to any Super Bowl related hangover.
Provincial economic outlook: An unequal slowing
This year will be a story of slowing growth across the country, but not all slowdowns are created equal, and Canada’s provinces will exemplify that.
The FX Files – Don’t Rule Out Rate Hikes Down Under
Into the start: Risk and the USD are broadly rangebound once again. Front end rates are up slightly across the globe.
Software Market Update - Q4 2023
CIBC US Middle Market Investment Banking presents its software market update for Q4 2023.
CIBC Perspectives: Year-end Review and 2024 Outlook
As we look towards 2024, check out our thought leadership with various CIBC product heads and strategists on their observations of the last 12 months and key themes for the year ahead.
Machining and Fabrication Market Update
CIBC US Middle Market Investment Banking presents its US machining and fabrication market update.