5 from 5i: Money, Commodities and Bretton Woods III

Barkha Rani May 06, 2022
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Market View

The US Federal Reserve raised interest rates by 0.5%, while the 10-year US Treasury yield touched 3.0%. Gold and oil prices rose, while the US dollar steadied after hitting recent highs. The Canadian dollar was 77.62 cents USD. U.S. S&P500 ended the week up 0.5%, while the TSX also ended the week down 0.3%.


It was a roller coaster of a week of all sectors. Energy added another 7.1% this week, while materials gained 1.5%. Technology gave up 4.7%, followed by healthcare and consumer discretionary, which declined by 3.8% and 3.2%, respectively. The most heavily traded shares by volume were Enbridge Inc, Cenovus Energy, and ARC Resources.

5 from 5i

Here are five reads we found interesting last week:

Happy Reading & Stay Safe!


Disclosure: The analyst(s) responsible for this report do not have a financial or other interest in securities mentioned.



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