Weekly Markets Brief | June 8 – 15, 2025
Canada – Market, Housing & Mortgages
| Index | Weekly Move |
|---|---|
| S&P/TSX Composite | ▼ –0.06 % |
| S&P/TSX 60 | ▲ +0.22 % |
Market Highlights – Canada
- Household Debt Ratio (12 Jun): Debt-to-GDP climbed to 173.9 %; personal debt hit C$ 3.07 T ahead of the 2025-26 renewal wave.
- CREA Housing Data (16 Jun): May home sales +3.6 %, prices -0.2 %, listings +13 % YoY—more supply and steady demand signal a balanced market.
U.S. – Markets, Inflation Cool-Down & Stock Swings
| Index / Yield | Weekly Move | Note |
|---|---|---|
| S&P 500 | ▼ –0.39 % | Military flare-up Israel–Iran offsets good CPI & trade news |
| Nasdaq | ▼ –0.60 % | Tech underperforms on Apple sell-off |
| Dow Jones | ▼ –1.32 % | Industrials lead the decline |
| 10-Yr Treasury | ▲ 4.406 % (+2.19 bp) | Yields rise despite cooler inflation |
Market Highlights
- CPI (Wed): Headline inflation eased to 2.4 % YoY in May (from 2.5 %), driven by softer energy & housing costs; supports hopes for Fed easing—if core stays tame.
- PPI (Thu): Producer prices rose 0.1 % MoM, signalling stable input-cost pressures and little sign of supply-chain inflation.
- U.S.–China Trade Truce Talk: A provisional deal calmed tariff fears, but risk appetite was capped by renewed Israel-Iran military tension.
Stocks in Focus
| Ticker | Weekly Move | Highlights |
|---|---|---|
| ORCL | ▲ +23.7 % | Q4 revenue $15.9 B (+11 % QoQ); cloud up 52 % YoY; record high after AI-cloud guidance. |
| TSLA | ▲ +10.2 % | Partial rebound after Musk–Trump row; public apology eases fears of contract cancellations. |
| AAPL | ▼ –3.66 % | WWDC disappoints on AI; Siri upgrade delayed, reliance on ChatGPT seen as competitive weakness. |
Why It Matters
- Canada: Rising household-debt ratio and looming mortgage-renewal wave heighten vulnerability to any rate or funding-cost shock, even as housing supply improves.
- United States: Cooling CPI/PPI bolster rate-cut hopes, but wage pressure and Middle-East risk keep yields firm and equities cautious.
