Geopolitics Alpha

Bank of Canada, Federal Government Renew 2% Inflation Target for Another Five Years

Published . Updated .

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GEOPOLITICS ALPHABank of Canada, Federal GovernmentRenew 2% Inflation Target forAnother Five YearsGEOPOLITICS ALPHA

This report is about inflation and prices and Canada.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TIP iShares TIPS Bond ETF-0.0% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • XLP Consumer Staples Select Sector SPDR-2.2% 12d

    Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • EWC iShares MSCI Canada ETF+0.9% 30d

    iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).

  • BWX SPDR Bloomberg International Treasury Bond ETF

    SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Canada

  • EFA iShares MSCI EAFE ETF-1.5% 7d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Canada

  • WMT Walmart+20.2% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • COST Costco Wholesale+16.7% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • PG The Procter & Gamble+12.8% 30d

    The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TIP+0.43%-0.14%baseafter closeafter closeafter closeafter close
XLP-2.05%-2.55%baseafter closeafter closeafter closeafter close
EWC+0.74%+0.06%baseafter closeafter closeafter closeafter close
BWX-0.42%-0.91%baseafter closeafter closeafter closeafter close
EFA+0.66%+0.40%baseafter closeafter closeafter closeafter close
WMT-3.29%-2.27%baseafter closeafter closeafter closeafter close
COST-5.04%-4.40%baseafter closeafter closeafter closeafter close
PG-3.29%-3.00%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Bank of Canada, Federal Government Renew 2% Inflation Target for Another Five Years www.marketscreener.com

Source: www.marketscreener.com

This story

CompanyWhenMoveStatus
BWXthree days earlier-0.91%final price
BWXfive days earlier-0.42%final price
COSTthree days earlier-4.40%final price
COSTfive days earlier-5.04%final price
EFAthree days earlier+0.40%final price
EFAfive days earlier+0.66%final price
EWCthree days earlier+0.06%final price
EWCfive days earlier+0.74%final price
PGthree days earlier-3.00%final price
PGfive days earlier-3.29%final price
TIPthree days earlier-0.14%final price
TIPfive days earlier+0.43%final price
WMTthree days earlier-2.27%final price
WMTfive days earlier-3.29%final price
XLPthree days earlier-2.55%final price
XLPfive days earlier-2.05%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Bank of Canada, Federal Government Renew 2% Inflation Target for Another Five Years” scores 12 out of 100. The score uses 1 sources.