Author: Robert Jessi

Highlights Bank of Montreal provides banking and financial services across North America. Its operations include personal, commercial and capital-markets services. Regulation, customer needs and credit conditions shape its activities. Bank of Montreal (TSX:BMO) Financial Services Bank of Montreal (TSX:BMO) 243.45 CAD +1.470 ↑ 0.608% Last Updated at: 2026-10-28T20:00:00Z , also known as BMO Financial Group, is a Canadian financial services company serving personal, commercial and institutional customers. Its operations include everyday banking, lending, deposit services, wealth management and capital-markets activities. The company serves customers in Canada and the United States through branches, digital platforms and specialised business units. Bank of…

Silver price (XAG/USD) extends its losses for the second successive day, trading around $53.30 per troy ounce during Asian hours on Thursday. Silver remains anchored near one-year lows following the US Federal Reserve’s decision to hold interest rates steady, as market participants had widely anticipated. The precious metal continues to face downward pressure as the central bank offered limited guidance regarding the timing and trajectory of its next policy move.The Federal Reserve held interest rates steady at 3.75%–4.00%, noting that economic activity continues to expand. In its statement, the Fed highlighted resilient domestic spending, robust capital investment, and strong productivity…

struggles ahead of the Budget and Fed rate decision. under pressure ahead of the and ECB rate decisions.GBP/USD Struggles Ahead of the Budget and Fed Rate DecisionGBP/USD has extended its decline for a fourth straight session, trading around 1.33 on Wednesday, as investors look ahead to UK Chancellor John Healey’s first Budget and the FOMC rate decision later today. Around 12:30 GMT, UK Chancellor John Healey will announce his first Budget under new Prime Minister Andy Burnham. He is under mounting pressure to deliver measures to help ease the cost-of-living burden on households while also supporting businesses across the country.…

The Pound-Canadian Dollar could remain under pressure if the BoC delivers a hawkish rate hike, while the UK Budget may drive fresh Sterling volatility. The Pound to Canadian Dollar (GBP/CAD) exchange rate was placed on the defensive last week amid a spike in global oil prices. At the time of writing, the GBP/CAD exchange rate traded at CA$1.8704. Down roughly 0.7% from the start of last week’s session. Latest — Exchange Rates: Pound to Canadian Dollar (GBP/CAD): 1.873736 (-0.17%) Euro to Canadian Dollar (EUR/CAD): 1.569255 (-0.13%) Dollar to Canadian Dollar (USD/CAD): 1.40073 (+0.03%) DAILY RECAP: The Canadian dollar (CAD) enjoyed…

Inflation in Canada has been higher than anticipated and is projected to remain around 3% through much of 2027. It then returns close to 2% by the middle of 2028. The outlook for growth has improved, but uncertainty remains elevated.

USD/CAD gains ground for the second successive day, trading around 1.4020 during Asian hours on Tuesday. The pair rises as the US Dollar (USD) continues to gain ground, driven by market caution ahead of interest rate decisions by the US Federal Reserve (Fed) and the Bank of Canada (BoC) due Wednesday.Financial markets expect the Federal Reserve to keep interest rates unchanged at its upcoming October meeting before potentially hiking rates again in December. According to the CME FedWatch Tool, market pricing currently reflects an 89.5% probability of a rate pause at the October policy meeting, alongside an 82.3% chance of…

The rate had held at 2.25% since the BoC’s October 2025 cut. “Today’s rate hike speaks to the tightrope the BoC has been walking this year. It’s both a pre-emptive strike against widespread inflation and an acknowledgement that Canada’s economic prospects are brighter than the average Canadian might realize,” said Clay Jarvis, mortgage expert at Ratehub.ca. He was expecting a rate hold on Wednesday.  “The Bank of Canada noted that prices aren’t edging up because of an overheated economy; they’re rising because of energy costs. The overnight rate has no impact on gas prices, so consumers and businesses will pay…

Earnings call transcript: Ventas misses Q3 2026 EPS as stock falls 4%

Bank of Canada Governor Tiff Macklem speaks during the AI and the Global Economy: From Risk to Opportunity panel at the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) at the Queen Sirikit National Convention Center (QSNCC) in Bangkok on October 16, 2026. (Credit: Lillian SUWANRUMPHA / AFP via Getty Images) Here’s the Bank of Canada’s official statement for its rate decision: The Bank of Canada today increased its target for the overnight rate by 25 basis points to 2.5 per cent, with the Bank Rate at 2.75 per cent and the deposit rate…

Australia’s inflation problem extends well beyond energy, with markets now pricing further RBA hikes into 2027. So why has reversed sharply after its initial surge? Australia’s Q3 inflation report has strengthened the case for another RBA rate increase, with trimmed mean inflation rising 1%, in line with market expectations but two-tenths above the bank’s forecast. Annual underlying inflation now stands at 3.66%, with the six-month annualised pace running at 3.7%, both miles above the RBA’s 2.5% target midpoint. But what’s happening beneath the headline figures? Our analysis shows inflation pressures remain widespread, while comparisons between market goods and services, tradables…