5 from 5i: The end of rate hikes?

Barkha Rani Aug 26, 2022
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Market View

The market-maintained pin-drop silence this week as investors braced for the Federal Reserve chair Jerome Powell’s message this Friday at the annual central bank gathering. The US dollar and gold prices eased while oil prices edged up. The Canadian dollar was 76.92 cents USD. The U.S. S&P500 ended the week down 2.4%, while the TSX ended the week flat.


Few large swings this week; Energy gained 6.8% while materials added 4.4%. Technology slid down by 3.8%, while consumer discretionary and financials ended the week down 2.8%, and 2.5%, respectively. Industrials and consumer discretionary finished the week flat. The most heavily traded shares by volume were Suncor Energy, Baytex Energy Corp, and Canadian Natural 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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