Last Tuesday, Finance Minister Chrystia Freeland tabled the federal government’s 2024 budget, which included changes to capital gains taxes that have created a frenzy of discussion, worry and anxiety.
The government announced in the budget that it intends to raise the inclusion rate on capital gains taxes from 50% to 66.7% for all gains realized by corporations and trusts, and for capital gains over C$250,000 realized by individu...

Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,318.40, up 0.05%.
● Financial experts see lower recession risk, slower rate cuts: BoC survey
● Higher US LNG deliveries, easing geopolitical tensions to put pressure on EU natural gas prices, Commerzbank says
● Canada aims to attract Honda and ...

For the first three months of 2024, the consumer price index was 3.6%, slowing from the 4.1% annual pace in the December quarter as released by the ABS this morning. However, this is slightly higher than economists had tipped, indicating CPI would drop to 3.5%.
The March quarterly inflation rate was 1%, compared with the 0.6% pace in the December quarter, which was around 0.2 more than anticipated.

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The highly anticipated 4th Bitcoin halving event is taking place tomorrow, with the mining reward being halved from 6.25 to 3.15 per block.
There are some mixed expert opinions about what will take place after the halving regarding Bitcoin's price.
Bitcoin has recently peaked, which may have an influence, with Matthew Harcourt, analyst at Apollo Capital, saying that
“In the lead-up to the previous halving, the bitcoin price was around 30 per cent to...

US stocks continued to be under pressure this week. The NASDAQ index fell more than 1%, falling for four consecutive days, and the S&P 500 index was not spared. Both fell to their lowest point in nearly two months. Among technology stocks, Google showed outstanding performance, rising against the market, while chip stocks generally suffered setbacks. Nvidia and Asmack fell by nearly 4% and 7%, respectively. Meanwhile, United Airlines surged 17% after its earnings report was released. In the European stock market, the technology sector fell by more than 3%. Despite this, LVMH and Adidas rose nearly 3% and 9% respectively after the earnings report, showing the strong performance of some individual stocks.
In terms of monetary policy, the New York Federal Reserve suggests that the Federal Reserve may stop reducing its balance sheet next year, and the scale is expected to shrink to 6 to 6.5 trillion US dollars. Furthermore, the Federal Reserve's latest Beige Book shows that although inflation is moderating, consumers are still very sensitive to prices. In the US bond market, 20-year bond auctions attracted strong demand, yet bid interest rates were close to the highest level in history. The 10-year US Treasury yield fell significantly from a five-month high, and the US dollar index stopped rising for five consecutive days.
In the commodity market, crude oil prices plummeted by more than 3%, the biggest one-day decline in three months. At the same time, gold also fell from a record high for four consecutive days. In terms of metal prices, the prices of copper and lentine have shown some elasticity, and both have rebounded.
In the Chinese market, despite global market turmoil, the China Securities Index fell for the third day in a row, but Xiaopeng Motors bucked the trend and rose nearly 4%. The offshore renminbi appreciated significantly, exceeding 200 points, reaching a one-week high. China A...

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