Market Review for Apr 2016

May 3, 2016

Market Review for April 2016

Materials Sector Leads April Charge

April was a very active month for the markets, with last month’s rally continuing until last Friday. Gold and silver made new 52-week highs, oil crossed above the $45 per barrel mark, and briefly the Canadian dollar crossed the $0.80 versus the US dollar. As it has been since January 1st, the commodity space has been the story so far in 2016 and by all accounts should remain a focused theme for our markets, due to its enormous contribution towards the valuation of our currency.