Central banks’ impact on financial markets

Author: Mike Archibald

September 11, 2017

The Bank of Canada raised its overnight rate once again, triggering a sharp rally in the Canadian dollar. Mike Archibald explains winners and losers of the higher rates, including banks, which surprisingly moved lower following the announcement. In Europe, the ECB is struggling to contain appreciation of the euro and its impact on growth and inflation.

The contents are provided for informational and educational purposes, and are not intended to provide specific individual advice including, without limitation, investment, financial, legal, accounting or tax. Please consult with your own professional advisor on your particular circumstances.

Written by

Mike Archibald, CFA, CMT, CAIA

Associate Portfolio Manager

AGF Investments Inc.

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