| Monthly Market Overview June 2025 |
| LAST MONTH’S ECONOMIC EVENTS • U.S. Employment Increased by 177,000 Jobs • U.S. Unemployment Rate Unchanged at 4.2% • Canadian Employment Increased by 7,400 Jobs • Canada’s Unemployment Rate Increased to 6.9% • U.S. Annual Inflation Rate Decreased to 2.3% • Canada’s Annual Inflation Rate Decreased to 1.7% • U.S. Monthly Retail Sales Increased by 0.1% • Canada’s Monthly Retail Sales Increased by 0.5% • U.S. First Quarter GDP Growth Rate (Second Estimate) Decreased by -0.2% • Canada First Quarter GDP Growth Rate Increased by 0.5% • United States Federal Funds Rate Unchanged at 4.5% THIS MONTH’S UPCOMING ECONOMIC EVENTS • June 4: Bank of Canada Interest Rate Decision (9:45) • June 6: U.S. Bureau of Labour Statistics Employment Change (8:30) • June 6: U.S. Bureau of Labour Unemployment Rate (8:30) • June 6: Statistics Canada Employment Change (8:30) • June 6: Statistics Canada Unemployment Rate (8:30) • June 11: U.S. Bureau of Labour Statistics Inflation Rate (8:30) • June 17: U.S. Census Bureau Retail Sales (8:30) • June 18: U.S. Federal Reserve Interest Rate Decision (14:00) • June 20: Statistics Canada Retail Sales (8:30) • June 24: Statistics Canada Inflation Rate (8:30) • June 26: 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) |
| (Change in Markets for the Month of May 2025) | ||||
| Monthly Change | 2025 Change | 12 Month Change | Ending Value | |
| GLOBAL STOCK MARKETS | ||||
| S&P/TSX Composite (Canada) | 5.37% | 5.85% | 18.59% | 26175.05 |
| Dow Jones Industrial Avg. (U.S) | 3.94% | -0.64% | 10.91% | 42270.07 |
| S&P 500 (U.S.) | 6.15% | 0.51% | 12.92% | 5911.69 |
| Nasdaq Composite (U.S.) | 9.56% | -1.02% | 14.2% | 19113.77 |
| FTSE 100 (U.K) | 3.27% | 7.33% | 6.58% | 8772.38 |
| Dax (Germany) | 6.67% | 20.53% | 29.74% | 23997.48 |
| CAC 40 (France) | 2.08% | 5.03% | -2.84% | 7751.89 |
| Nikkei 225 (Japan) | 5.33% | -4.84% | -0.23% | 37965.10 |
| Nifty 50 (India) | 1.71% | 4.68% | 10.06% | 24750.70 |
| Shanghai Composite (China) | 2.09% | -0.13% | 8.27% | 3347.49 |
| Hang Seng Index (Hong Kong) | 5.29% | 16.1% | 27.75% | 23289.77 |
| BOND YIELDS & MORTGAGE RATE (UNITED STATES) | ||||
| 1 Year Treasury Bill Yield – U.S. | 6.5% | -1.17% | -20.99% | 4.099% |
| 2 Year Treasury Bill Yield – U.S. | 8.37% | -8.19% | -20.9% | 3.895% |
| 5 Year Treasury Bill Yield – U.S. | 6.41% | -9.74% | -13.36% | 3.955% |
| 10 Year Treasury Bill Yield – U.S. | 5.71% | -3.93% | -3.4% | 4.392% |
| 30 Year Mortgage Rate (Average) – U.S. | 1.93% | -4.15% | -5.06% | 6.978% |
| BOND YIELDS & PRIME RATE (CANADA) | ||||
| 1 Year Bond Yield – Canada | 1.21% | -14.92% | -44.44% | 2.60% |
| 2 Year Bond Yield – Canada | 4.2% | -11.77% | -39.32% | 2.59% |
| 5 Year Bond Yield – Canada | 4.69% | -5.4% | -25.52% | 2.804% |
| 10 Year Bond Yield – Canada | 4.01% | -0.82% | -13.55% | 3.20% |
| Prime Rate – Canada | 0.0% | -9.17% | -31.25% | 4.95% |
| CURRENCY RATES | ||||
| Canada/US Dollar | 0.24% | 4.48% | -0.64% | $0.726 |
| Euro/US Dollar | 0.15% | 9.59% | 4.76% | $1.135 |
| US Dollar/Indian Rupee | 1.16% | -0.04% | 2.66% | ₹ 85.540 |
| US Dollar Japanese Yen | 0.69% | -8.37% | -8.15% | ¥144.045 |
| US Dollar/Chinese Yuan | -0.98% | -1.34% | -0.06% | ¥7.200 |
| Bitcoin/USD | 9.72% | 10.79% | 51.3% | $103,398.00 |
| FOODS/GRAINS | ||||
| Coffee ($USD/lbs.) | -14.61% | 7.02% | 46.87% | $3.422 |
| Cocoa ($USD/Metric Ton) | 9.79% | -16.43% | 5.4% | $9,757.000 |
| Orange Juice ($USD/lbs.) | 6.94% | -41.75% | -37.51% | $2.857 |
| Sugar ($USD/lbs.) | -0.87% | -11.21% | -5.99% | $0.171 |
| Wheat (USD/Bushel) | 0.47% | -3.31% | -21.7% | $5.333 |
| Corn ($USD/Bushel) | -6.73% | -3.27% | -1.17% | $4.435 |
| Oats ($USD/Bushel) | 6.18% | 14.45% | -1.94% | $3.783 |
| Milk ($USD/lbs.) | 1.42% | -8.27% | -3.77% | $0.186 |
| MATERIALS | ||||
| Lumber ($USD/1000 Board feet) | 6.46% | 7.72% | 14.48% | $593.000 |
| Cotton ($USD/lbs.) | -1.45% | -4.88% | -16.33% | $0.651 |
| ENERGY | ||||
| Crude Oil (WTI – $USD/Barrel) | 4.43% | -15.24% | -21.97% | $60.790 |
| Natural Gas ($USD/MM British Thermal Units) | -4.76% | 11.75% | 34.6% | $3.462 |
| METALS | ||||
| Gold ($USD/Troy Ounce) | -0.18% | 25.45% | 40.0% | $3,313.100 |
| Silver ($USD/Troy Ounce) | 0.75% | 13.11% | 4.89% | $33.075 |
| Copper ($USD/lbs.) | 2.02% | 16.78% | 0.93% | $4.702 |
| Aluminum ($USD/Metric Ton) | 1.64% | -7.78% | -11.31% | $2,348.500 |
| Steel ($USD/Metric Ton) | -2.4% | -9.92% | -21.26% | $2,971.000 |
| REAL ESTATE | ||||
| Greater Toronto Real Estate (Composite) | -0.7% | 0.36% | -5.4% | $1,009,400.00 |
| COLLECTIBLES | ||||
| Fine Wine 1000 Index | -1.3% | -3.4% | -10% | 353.60 |
| 1 Canadian Real Estate Association GTA Composite Prices ending April 30, 2025. 2 Live-ex Fine Wine 1000 Index ending April 30, 2025. * Data provided by FactSet unless otherwise stated as of May 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 | M: 416-795-6100 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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