Skip to main content

Featured

5 Things to Know Today: BoC Minutes, U.S. CPI and Cheaper Gas (Nov. 8, 2026)

  Canadian Money Brief • Sunday, November 8, 2026 Markets are closed until Monday, but the week ahead is loaded: two Bank of Canada releases, a key U.S. inflation report and some welcome relief at the pump. Here are five things to know today, and what each means for your wallet. 1. Two Bank of Canada releases land early this week The Bank of Canada publishes its Q3 Market Participants Survey Monday at 10:30 a.m. ET, then the summary of deliberations behind its Oct. 28 rate decision Tuesday at 1:30 p.m. ET. The Bank raised its policy rate 25 basis points to 2.50% that day, its first hike since July 2023, and signalled more tightening was possible if energy costs spill into broader prices. The minutes were written before the post-midterm oil drop, so watch how hawkish the tone is. What it means for you: If you have a variable-rate mortgage or a HELOC, the minutes help show whether another hike is on the table at the next decision on Dec. 9. A hawkish read keeps pressure on borrowin...
Post a Comment
Read more

article

Labels

Nasdaq Futures Sink After Early Big Tech Bust, With Fed on Deck

                                 Nasdaq


The Nasdaq futures have taken a hit after the early Big Tech bust, with the Federal Reserve’s interest rate decision of the year on deck. 

The tech-heavy Nasdaq Composite is set to sink around 1.1% on Wednesday, while the benchmark S&P 500 traded about 0.5% lower after slumping slightly below its record high on Tuesday. 

The poor start from the tech mega-caps, which are expected to do much of the heavy lifting for the S&P 500 this earnings season, could unnerve Wall Street. Boeing is the highlight of the Wednesday earnings docket amid a string of safety concerns related to its planes.


 

Labels:

Comments

Post a Comment