Today’s Bank of Canada (BoC) decision to maintain its key interest rate at 5% sparked volatile reactions among traders seeking to predict the timing of future monetary easing. Further complicating the outlook, a surprise spike in US inflation figures added to the uncertainty. Shifting Expectations for June As Governor Macklem delivered his press conference, implied probabilities for a June rate ...

A wave of bullish sentiment is sweeping Wall Street, with copper – a critical metal for global energy transition – at the center of the excitement. This renewed focus on copper has significant implications for the Canadian mining sector, with analysts predicting substantial outperformance and lucrative opportunities for investors. Canadian Stocks Poised to Outperform BMO’s chief investment strategist, Brian Belski, ...