Batis Exchange
A newly published analysis from RBC Economics highlights a fragmented real estate landscape across Canada, with shifting economic pressures, renewed trade disputes with the U.S., and climbing long-term interest rates putting prospective buyers on the defensive.
PepsiCo delivered third-quarter financial results that outpaced Wall Street projections, though management simultaneously trimmed its full-year profit forecast as the company executes a turnaround strategy for its domestic market.
The Canadian dollar staged a modest recovery against the greenback, drawing support from a slight tightening in the U.S.-Canada yield differential and ahead of upcoming national employment figures.
The Canadian dollar weakened on Friday, reaching a nine-day low against the U.S. dollar despite stronger-than-expected economic growth data, as investors questioned whether the GDP figures would alter the Bank of Canada’s near-term interest-rate plans.
