Live Market Data
While the stock market is only one component of the economy, it acts as a barometer of investor and business confidence.
Our Market Live Stream includes some of the key market indicators, indices, commodities, and currency rates.
If you would like information related the other economic indicators such as GDP and the Consumer Price Index. Visit our Economic Indicators Page.
Foreign Exchange (FX) Rates
The international exchange rate, or foreign exchange (FX) rate, is the price of one country’s currency in relation of another country’s. FX rates are expressed as the value of one currency compared to another. Foreign exchange rates are one of the most important determinants of a countries relative level of economic health, ranking just after interest rates and inflation. FX rates play a vital role in trade, which is critical to every free market economy in the world. FX rates are among the most watched and analyzed economic measures.
The chart below displays real time FX rates for most of the world’s main currencies.
The trading of precious metals is often most active in times of economic uncertainty. Gold is up by almost 20% since January 2020. Unlike the stock markets, OTC markets for precious metals never close and the prices fluctuate 24/7.
Generally speaking a strong U.S. dollar keeps the price of gold lower, while a weaker U.S. dollar is likely to drive the price of gold higher through increasing demand (because more gold can be purchased when the dollar is weaker).
As a result, gold is often used as a hedge against inflation, when the prices of good and services rise. On the other hand, as the value of the dollar falls, inflation goes up and so does the price of gold.
The price of oil is important because it influences the costs of other production and manufacturing across North America. For example, there is the direct correlation between the cost of gasoline and the price of transporting goods and people. A drop in fuel prices means lower transportation costs. Many industrial chemicals are refined from oil and therefore lower oil prices benefit the manufacturing sector.
The Canadian and U.S, stock markets serve many purposes in the greater economy; individuals earn profits on their income when they invest in the stock market, businesses can sell shares to expand and governments can increase spending through the tax revenue they earn from corporations that trade on the exchange.