In a quarter marked by significant political transitions and economic uncertainty, markets navigated through complex trade policy shifts and varying regional performance. The return of Donald Trump to the presidency and Canada's leadership change to Mark Carney set the stage for a period of market volatility, particularly driven by new US trade tariff announcements.
FIRST QUARTER HIGHLIGHTS
- • S&P/TSX Composite hits a new all-time high of 25,875.60 on Jan 30th
- • S&P 500 hits a new all-time high of 6,147.43 on Feb 19th
- • Canadian dollar was volatile and range bound, ending quarter at $0.6989
- • WTI Oil hits a six-month high of $78.71 USD on Jan 15th
- • Bank of Canada lowered overnight rate by 0.50% to 2.75%
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