| Monthly Market Overview April 2025 | ||||
LAST MONTH’S ECONOMIC EVENTS • U.S. Employment Increased by 151,000 Jobs • U.S. Unemployment Rate Increased to 4.1% • Canadian Employment Increased by 1,100 Jobs • Canada’s Unemployment Rate Unchanged at 6.6% • U.S. Annual Inflation Rate Decreased to 2.8% • Canada’s Annual Inflation Rate Increased to 2.6% • U.S. Monthly Retail Sales Increased by 0.2% • Canada’s Monthly Retail Sales Decreased by -0.4% • U.S. Fourth Quarter GDP Growth Rate (Final Estimate) Increased to 2.4% • United States Federal Funds Rate Unchanged at 4.5% • Canada’s Overnight Rate Lowered by 0.25% to 3.75% UPCOMING ECONOMIC EVENTS • April 4: U.S. Bureau of Labour Statistics Employment Change (8:30) • April 4: U.S. Bureau of Labour Unemployment Rate (8:30) • April 4: Statistics Canada Employment Change (8:30) • April 4: Statistics Canada Unemployment Rate (8:30) • April 10: U.S. Bureau of Labour Statistics Inflation Rate (8:30) • April 15: Statistics Canada Inflation Rate (8:30) • April 16: Bank of Canada Interest Rate Decision (9:45) • April 16: U.S. Census Bureau Retail Sales (8:30) • April 25: Statistics Canada Retail Sales (8:30) • April 30: U.S. Bureau of Economic Analysis First Quarter GDP Growth Initial Estimate (8:30) 1 (Source: Bank of Canada) 2(Source: Statistics Canada) 3(Source: United States Bureau of Labour Statistics) 4(Source: United States Federal Reserve) 5(Source: United Census Bureau) | ||||
| Monthly Change | 2025 Change | 12 Month Change | Ending Value | |
| GLOBAL STOCK MARKETS | ||||
| S&P/TSX Composite (Canada) | -1.87% | 0.77% | 12.41% | 24917.50 |
| Dow Jones Industrial Avg. (U.S) | -4.2% | -1.28% | 5.51% | 42001.76 |
| S&P 500 (U.S.) | -5.75% | -4.59% | 6.8% | 5611.85 |
| Nasdaq Composite (U.S.) | -8.21% | -10.42% | 5.62% | 17299.29 |
| FTSE 100 (U.K) | -2.58% | 5.01% | 7.92% | 8582.81 |
| Dax (Germany) | -1.72% | 11.32% | 19.85% | 22163.49 |
| CAC 40 (France) | -3.96% | 5.55% | -5.06% | 7790.71 |
| Nikkei 225 (Japan) | -4.14% | -10.72% | -11.77% | 35617.56 |
| Nifty 50 (India) | 6.3% | -0.53% | 5.34% | 23519.35 |
| Shanghai Composite (China) | 0.45% | -0.48% | 9.69% | 3335.75 |
| Hang Seng Index (Hong Kong) | 0.78% | 15.25% | 39.77% | 23119.58 |
| BOND YIELDS & MORTGAGE RATE ( UNITED STATES) | ||||
| US 1Y T-Bill Yield (TPI) | -1.07% | -2.92% | -19.82% | 4.027% |
| US 2Y T-Note Yield (TPI) | -2.24% | -8.23% | -15.78% | 3.893% |
| US 5Y T-Note Yield (TPI) | -1.37% | -9.94% | -6.51% | 3.947% |
| US 10Y T-Note Yield (TPI) | 0.34% | -7.96% | 0.17% | 4.208% |
| US 30 Year Average Mortgage | -0.85% | -6.98% | -6.47% | 6.772% |
| BONDS YIELDS & PRIME RATE (CANADA) | ||||
| Canada 1Y Yield (TPI) | -6.93% | -16.98% | -46.0% | 2.537% |
| Canada 2Y Yield (TPI) | -4.82% | -16.4% | -41.16% | 2.454% |
| Canada 5Y Yield (TPI) | -1.12% | -12.87% | -26.71% | 2.582% |
| Canada 10Y Yield (TPI) | 1.7% | -8.1% | -14.6% | 2.965% |
| Canada Prime Rate | 0.0% | -9.17% | -31.25% | 4.95% |
| CURRENCY RATES | ||||
| Canada/US Dollar | 0.58% | 0.01% | -5.85% | $0.695 |
| Euro/US Dollar | 4.25% | 4.48% | 0.28% | $1.082 |
| US Dollar/Indian Rupee | -2.29% | -0.13% | 2.49% | ₹ 85.468 |
| US Dollar Japanese Yen | -0.44% | -4.61% | -0.93% | ¥149.967 |
| US Dollar/Chinese Yuan | -0.36% | -0.55% | 0.42% | ¥7.258 |
| Bitcoin/USD | -2.35% | -11.63% | 16.57% | $82,475.00 |
| FOODS/GRAINS | ||||
| Coffee | 1.51% | 18.44% | 100.53% | $3.787 |
| Cocoa | -12.65% | -31.73% | -18.39% | $7,970.000 |
| Orange Juice | -16.57% | -48.76% | -30.82% | $2.513 |
| Sugar | 1.78% | -2.13% | -16.3% | $0.189 |
| Wheat | -3.28% | -2.54% | -4.06% | $5.375 |
| Corn | -2.5% | -0.16% | 3.56% | $4.578 |
| Oats | -6.17% | 4.77% | -3.01% | $3.463 |
| MATERIALS | ||||
| Lumber | 5.28% | 21.44% | 14.27% | $668.500 |
| Cotton | 2.48% | -2.24% | -26.82% | $0.669 |
| ENERGY | ||||
| Crude Oil (WTI) | 2.34% | -0.46% | -14.16% | $71.390 |
| Natural Gas | 7.59% | 33.15% | 133.98% | $4.125 |
| METALS | ||||
| Gold | 10.86% | 19.57% | 41.07% | $3,157.800 |
| Silver | 10.36% | 18.87% | 39.51% | $34.760 |
| Copper | 11.04% | 25.42% | 26.03% | $5.050 |
| REAL ESTATE | ||||
| Greater Toronto Real Estate | 0.4% | 1.17% | -1.8% | $1,073,900 |
| COLLECTIBLES | ||||
| Fine Wine 1000 Index | -0.80% | -1.3% | -9.3% | 323.5 |
| 1 Canadian Real Estate Association GTA Composite Prices ending February 28, 2025. 2 Live-ex Fine Wine 1000 Index ending February 28, 2025. * Data provided by FactSet unless otherwise stated as of March 31, 2025, 4:30 PM EST. * This information has been prepared by Desmond Rubie, BCom, FCSI®, CIM®, CFP®, who is a Wealth Advisor for Rubie Wealth Management Group at iA Private Wealth. Opinions expressed in this article are those of Desmond Rubie, BCom, FCSI®, CIM®, CFP® only and do not necessarily reflect those of iA Private Wealth Inc. *IA Private Wealth Inc. is a member of the Canadian Investor Protection Fund and the Canadian Investment Regulatory Organization. iA Private Wealth is a trademark and business name under which iA Private Wealth Inc. operates.  Desmond Rubie, BCom, FCSI®, CIM®, CFP® Wealth Advisor Rubie Wealth Management Group | iA Private Wealth Insurance Advisor | iA Private Wealth Insurance* 26 Wellington Street East, 2nd Floor, Toronto, ON M5E 1S2 T: 647-429-3281 ext. 240018 Desmond.Rubie@iaprivatewealth.ca Schedule a Meeting rubiewealth.com Fellow of CSI (FCSI®) * iA Private Wealth Inc. is a member of the Canadian Investor Protection Fund and the Canadian Investment Regulatory Organization. iA Private Wealth is a trademark and business name under which iA Private Wealth Inc. operates. *Insurance products are provided through iA Private Wealth Insurance, which is a trade name of PPI Management Inc. Only products and services offered through iA Private Wealth Inc. are covered by the Canadian Investor Protection Fund. | ||||
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