What’s happening on the markets? Which major trends are emerging? To help you better understand the issues and keep abreast of the news, the Financial offers you its Financial Panorama.
Prepared by our investment team,the Financial Panorama presents a comprehensive monthly overview of the key developments that are likely to affect the markets.
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Financial panorama, In focus, Investment and markets, NewsWar in Iran: how will financial markets and economies react?
The series of events that began on March 1 in Iran has caused significant instability in many Middle East countries, not to mention the countless and regrettable human tragedies that inevitably result from armed conflict.
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Financial panorama, In focus, Investment and markets, NewsRenewed interest in global markets: a trend to watch!
In 2025, several international markets, including Canada, Europe and Japan, as well as the emerging market index, outperformed the S&P 500.
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Financial panorama, In focus, Investment and markets2025: A good year for global stock markets, with a rebound in employment in Canada
Following the events in Venezuela in early 2026, there has been much discussion about the impact of an increase in Venezuelan oil production relative to Canadian output.
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Financial panorama, Investment and markets, NewsCanadian economy and job market remain resilient
On Wednesday, December 10, the Bank of Canada (BoC) decided to leave its policy rate unchanged at 2.25%. This decision was anticipated by the market, especially since the release of the latest labour market data on Friday, December 5, which showed job creation rather than job losses. The markets no longer anticipate any further cuts to the policy rate in Canada and are even expecting a rate hike in October 2026.
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Financial panorama, In focus, Investment and marketsThe gold rush: A new global phenomenon
Historically, gold has been considered a safe haven and a hedge against currency devaluation, primarily of the U.S. dollar. Similarly, when longer-term U.S. interest rates exceed forecast inflation, the price of gold tends to remain stable or even decline, because if a government bond offers a 4% yield while inflation is 3%, your purchasing power is protected and even increased. The currency therefore retains its value.







