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Andrew Grantham, CIBC Capital Markets economist, says June retail sales rose 0.6% but Statistics Canada’s preliminary estimate shows nominal retail sales down 0.8% MoM in July, suggesting Q2 growth momentum may have stalled into July. Grantham says f

2026-08-21

Andrew Grantham, CIBC Capital Markets economist, says June retail sales rose 0.6% but Statistics Canada’s preliminary estimate shows nominal retail sales down 0.8% MoM in July, suggesting Q2 growth momentum may have stalled into July. Grantham says final July figures could be weaker after gasoline prices rose following the US resumption of strikes on Iran.

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2026-08-21

Citadel Securities founder Ken Griffin told clients in a letter that the firm executed more than 100 block trades totaling over $4 billion to remove in excess of 80% of the overall risk from the portfolio it bought from Leopold’s Situational Awarenes

Citadel Securities founder Ken Griffin told clients in a letter that the firm executed more than 100 block trades totaling over $4 billion to remove in excess of 80% of the overall risk from the portfolio it bought from Leopold’s Situational Awareness fund. Griffin said the trades required coordinated work by banks’ trading and prime-broker teams. He also confirmed Citadel’s flagship multi-strategy Wellington Fund returned 5.94% in July, its best monthly performance since 2022.
2026-08-21

Shanghai Gold Exchange gold T+D rose 1.02 pct to 976.38 yuan/gram at the close of the Aug 20 (Thu) evening session; silver T+D rose 2.28 pct to 16,535.0 yuan/kg.

Shanghai Gold Exchange gold T+D rose 1.02 pct to 976.38 yuan/gram at the close of the Aug 20 (Thu) evening session; silver T+D rose 2.28 pct to 16,535.0 yuan/kg.
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