Director, Private Client Group
Senior Investment Advisor HollisWealth
A division of Scotia Capital Inc Office: (905) 336-8600 Toll Free: 1 (800) 336-8606
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Economic Monthly Reports
2015 Economic and Market Outlook Series
Global Economic Update -Aron Gampel, Vice President & Deputy Chief Economist, Scotiabank
Outlook for CAD and USD -Camilla Sutton, Global Head of Foreign Exchange, Scotiabank
We are pleased to present the latest editions of the Economic Monitor and the Market Monitor from Dynamic Funds Economics, prepared by Chief Economist Dr. Martin Murenbeeld and Senior Economist William Tharp; a division which provides independent analysis and research to retail and institutional interests from across the globe.
Dynamic Funds Economic Monitor
Financial Markets Overview
The three uncertainties we outlined last month remain. The Fed still sounds keen to raise interest rates this year, but economic data may not be strong enough. Greece is still negotiating terms for additional funding, and although oil prices have rebounded, questions remain about possible increasing supply putting downward pressure on prices.
Sophocles Could Not Have Written a Better Play, But We Prefer the Soothing Words of Sir Mick
Greek voters shot down conditions set forth by international creditors in rather overwhelming fashion, as a 61% majority checked the “No” box in Sunday’s referendum. The next steps for Greece and those who have extended it loans are uncertain, although discussions between European leaders and Greece are ongoing. The drama of this situation has been
building for years and this has indeed been the longest running Greek tragedy in history.
The particulars contained herein were obtained from sources which we believe are reliable, but are not guaranteed by us and may be incomplete. The opinions expressed have not been approved by and are not those of HollisWealth. This website is not deemed to be used as a solicitation in a jurisdiction where this HollisWealth representative is not registered.
Scotiabank's Global Forecast Update
Scotia Economics provides clients with in-depth commentary regarding the factors shaping the outlook for Canada and the global economy, including macroeconomic developments, currency and capital market trends, commodity and industry performance, as well as monetary and public policy issues.
Here We Go Again...
The early-year weakness in some of the advanced economies is giving way to improving performances. Expectations are again building that global activity may finally achieve a higher growth trajectory. Nonetheless, the myriad of challenges that have confronted much of the world in recent years — uneven global activity triggered by one-off events, the austerity and structural forces restraining many economies, the recurring and growth-dampening geopolitical events, and the heightened volatility in financial and currency markets — continue to reinforce the lingering uncertainty surrounding the outlook.