Market Indicators

Market Indicators

Here you will find web links to various important market and statistical data as well as information that directly and indirectly impacts market interest rates available to us all. The information can be analyzed in three basic cause and effect groups.

1.) Short Term Policy Effected Rate Indicators,
2.) Longer Term Market Rate Indicators and,
3.) Indicators that impact both of these types of rates indirectly.

Short Term Policy Effected Rate Indicators are those that relate to The Bank of Canada’s Monetary Policy and their direct manipulation of the Target Overnight Lending Rate (used by the banks for settling daily transactions), which in turn directly effects the Prime Rate of interest upon which variable (or adjustable) rate mortgages are based.

Longer Term Market Indicators are those that relate to the Bond Market and GIC market that directly impact the fixed term/rate mortgage market.

Indicators that impact both of these types of rates indirectly are exchange rates, stock market indices, GDP, unemployment etc.

Bank of Canada Announcement Calendar here

Bank Rate/Prime Rate here

 

Bond Yields here

Canadian Interest Rates (past ten years) here

5 Year Fixed vs. Variable Rate (past ten years) here

Exchange Rates here

GDP here

Currency Converter here

CPI (Inflation Rate) here

Learn more about the Canadian Economy here