Will China’s rebound serve a boon to Canadian stocks?

The Chinese economic machine is whirring back to life, but the Canadian stock market is oddly indifferent.

While investor sentiment in North America has improved over the past three months, the gains have been modest – roughly 11 per cent, compared with nearly 25 per cent in German and French stocks. Britain’s benchmark index, meanwhile, is on the verge of a setting a record high. Some of the best years in Canadian stocks, in fact, have coincided with moments of great Chinese economic progress.

Another flip of the script is in the making. A period of elevated commodity prices and higher interest rates make for favourable odds for Canadian stocks. Rising demand out of China, reinforced by central-bank stimulus, will reverberate through the global commodity complex. While China is modernizing toward a more consumer-based economy, it is still the manufacturing hub of the world. It is responsible for one-fifth of global oil demand, while buying more than half the world’s refined copper, nickel and zinc.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canadian cannabis industry struggling amid oversupply challenges: Experts - Winnipeg | Globalnews.caMore than four years later, Canada's cannabis industry is starting to come down from a post-legalization high, experts say. Weed inflation .. everything got hit ..you and weed. Maybe people don’t need recreational drugs lower the prices!
Source: GlobalNational - 🏆 81. / 51 Read more »