Monthly Market Overview August 2025
LAST MONTH’S ECONOMIC EVENTS
- U.S. Employment Increased by 147,000 Jobs
- U.S. Unemployment Rate Decreased to 4.1%
- Canadian Employment Increased by 83,100 Jobs
- Canada’s Unemployment Rate Decreased to 6.9%
- U.S. Annual Inflation Rate Increased to 2.7%
- Canada’s Annual Inflation Rate Increased to 1.9%
- U.S. Monthly Retail Sales Increased by 0.6%
- Canada’s Monthly Retail Sales Increased by 1.6%
- U.S. Second Quarter GDP Growth Rate (Initial Estimate) Increased by 3.0%
- United States’ Federal Funds Rate Unchanged at 4.5%
- Canada’s Overnight Interest Rate Unchanged at 2.75%
THIS MONTH’S UPCOMING ECONOMIC EVENTS
- August 1: U.S. Bureau of Labour Statistics Employment Change (8:30)
- August 1: U.S. Bureau of Labour Unemployment Rate (8:30)
- August 8: Statistics Canada Employment Change (8:30)
- August 8: Statistics Canada Unemployment Rate (8:30)
- August 12: U.S. Bureau of Labour Statistics Inflation Rate (8:30)
- August 15: U.S. Census Bureau Retail Sales (8:30)
- August 19: Statistics Canada Inflation Rate (8:30)
- August 22: Statistics Canada Retail Sales (8:30)
- August 28: U.S. Bureau of Economic Analysis First Quarter GDP Growth Final 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)
| Last Month’s Market Activity (for July 2025) |
| Monthly Change | 2025 Change | 12 Month Change | Ending Value | |
| GLOBAL STOCK MARKETS | ||||
| S&P/TSX Composite (Canada) | 1.5% | 10.24% | 17.95% | 27259.78 |
| Dow Jones Industrial Avg. (U.S) | 0.08% | 3.73% | 8.05% | 44130.98 |
| S&P 500 (U.S.) | 2.17% | 7.78% | 14.8% | 6339.39 |
| Nasdaq Composite (U.S.) | 3.7% | 9.38% | 20.02% | 21122.45 |
| FTSE 100 (U.K) | 4.24% | 11.74% | 9.14% | 9132.81 |
| Dax (Germany) | 0.65% | 20.88% | 30.02% | 24065.47 |
| CAC 40 (France) | 1.38% | 5.3% | 3.19% | 7771.97 |
| Nikkei 225 (Japan) | 1.44% | 2.95% | 5.03% | 41069.82 |
| Nifty 50 (India) | -2.93% | 4.75% | -0.73% | 24768.35 |
| Shanghai Composite (China) | 3.74% | 6.61% | 21.59% | 3573.21 |
| Hang Seng Index (Hong Kong) | 2.91% | 23.5% | 42.83% | 24773.33 |
| BOND YIELDS & MORTGAGE RATE (UNITED STATES) | ||||
| 1 Year Treasury Bill Yield – U.S. | 3.49% | -1.22% | -13.63% | 4.097% |
| 2 Year Treasury Bill Yield – U.S. | 6.51% | -6.78% | -7.22% | 3.955% |
| 5 Year Treasury Bill Yield – U.S. | 4.79% | -9.41% | 1.16% | 3.97% |
| 10 Year Treasury Bill Yield – U.S. | 3.37% | -4.4% | 7.82% | 4.371% |
| 30 Year Mortgage Rate (Average) – U.S. | -0.14% | -6.65% | -3.47% | 6.796% |
| BOND YIELDS & PRIME RATE (CANADA) | ||||
| 1 Year Bond Yield – Canada | 5.0% | -10.01% | -32.68% | 2.75% |
| 2 Year Bond Yield – Canada | 6.98% | -5.62% | -20.76% | 2.77% |
| 5 Year Bond Yield – Canada | 7.08% | 2.0% | -3.76% | 3.023% |
| 10 Year Bond Yield – Canada | 5.79% | 6.37% | 6.61% | 3.431% |
| Prime Rate – Canada | 0.0% | -9.17% | -28.78% | 4.95% |
| CURRENCY RATES | ||||
| Canada/US Dollar | -1.76% | 3.84% | -0.32% | $0.722 |
| Euro/US Dollar | -3.14% | 10.26% | 5.47% | $1.142 |
| US Dollar/Indian Rupee | 2.09% | 2.24% | 4.52% | ₹ 87.490 |
| US Dollar Japanese Yen | 4.66% | -4.11% | 0.51% | ¥150.743 |
| US Dollar/Chinese Yuan | 0.51% | -1.33% | -0.26% | ¥7.201 |
| Bitcoin/USD | 9.01% | 25.18% | 80.68% | $116,825.00 |
| FOODS/GRAINS | ||||
| Coffee ($USD/lbs.) | -1.77% | -7.8% | 28.62% | $2.948 |
| Cocoa ($USD/Metric Ton) | -6.01% | -27.55% | 4.54% | $8,459.000 |
| Orange Juice ($USD/lbs.) | 15.83% | -46.96% | -38.19% | $2.602 |
| Sugar ($USD/lbs.) | 0.93% | -15.11% | -13.67% | $0.164 |
| Wheat (USD/Bushel) | -2.65% | -4.99% | -0.62% | $5.240 |
| Corn ($USD/Bushel) | -3.73% | -14.07% | -1.44% | $3.940 |
| Oats ($USD/Bushel) | -5.66% | 5.82% | 9.38% | $3.498 |
| Milk ($USD/lbs.) | -3.6% | -15.66% | -16.56% | $0.171 |
| MATERIALS | ||||
| Lumber ($USD/1000 Board feet) | 10.26% | 25.89% | 38.05% | $693.000 |
| Cotton ($USD/lbs.) | -1.34% | -1.73% | -2.57% | $0.672 |
| ENERGY | ||||
| Crude Oil (WTI – $USD/Barrel) | 6.53% | -3.29% | -10.97% | $69.360 |
| Natural Gas ($USD/MM British Thermal Units) | -11.17% | 0.06% | 52.26% | $3.100 |
| METALS | ||||
| Gold ($USD/Troy Ounce) | 1.05% | 26.55% | 35.15% | $3,342.300 |
| Silver ($USD/Troy Ounce) | 1.71% | 25.81% | 27.13% | $36.790 |
| Copper ($USD/lbs.) | -12.83% | 10.03% | 6.08% | $4.431 |
| Aluminum ($USD/Metric Ton) | -3.8% | -3.18% | 11.41% | $2,465.500 |
| Steel ($USD/Metric Ton) | 11.17% | 1.43% | 0.78% | $3,345.000 |
| REAL ESTATE | ||||
| Greater Toronto – Real Estate (Composite)1 | -1.7% | -1.1% | -5.5% | $ 995,100.00 |
| Canada – Real Estate (Composite)1 | -0.5% | 0.0% | -3.6% | $ 698,000.00 |
| COLLECTIBLES | ||||
| Fine Wine 1000 Index2 | -6.96% | -4.8% | -9.5% | 348.80 |
| 1 Canadian Real Estate Association Composite Prices ending June 30, 2025. 2 Live-ex Fine Wine 1000 Index ending June 30, 2025. * Data provided by FactSet unless otherwise stated as of July 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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