Investor Worries Keep Interest Rates Low
- Economic indicators remain encouraging, but the geopolitical situation is causing concern.
- Will the Canadian dollar benefit from higher expectations of monetary firming in the country?
- A darkening sky on the geopolitical front gives rise to caution.
No Surprises in the First Round of Elections
On April 23, election results were true to the polls. As predicted for some weeks, the centrist candidate Emmanuel Macron and the Front national candidate Marine Le Pen came in first and second and will now go on the second round on Sunday, May 7.
But the lack of surprises should not hide the political significance of yesterday’s results.