CIBC's Week Ahead Market Call For Canada

BY MT Newswires | ECONOMIC | 06/27/25 02:05 PM EDT

02:05 PM EDT, 06/27/2025 (MT Newswires) -- Over at CIBC, Ali Jaffery and Katherine Judge noted a quiet week ahead for economic data -- markets here will be closed for Canada Day on Tuesday -- with the trade data for May due Thursday expected to narrow but remain elevated as a result of tariffs, with the massive drop off in exports in April contributing to the decline expected for Q2 GDP. CIBC forecasts a deficit of $5.9 billion compared to a consensus deficit of $6.1 billion and a prior deficit of $7.1 billion.

(Also on the CIBC calendar for next week are Auctions set for Monday and Wednesday).

Price: 95.71, Change: -0.50, Percent Change: -0.52

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article