Market News: Week Ending November 13, 2026

Market News: Week Ending November 13, 2026

The U.S. Bureau of Labor Statistics reported that the consumer price index moved 0.4% higher (seasonally adjusted basis) in October after rising 0.6% in September. Due to the government shutdown, the index value was not determined by the agency in October 2025. Interpolative, smoothed data for the period suggest that the overall index has increased by approximately 4.0% over the 12-month period, up from the 3.7% figure posted for September. The current data revealed that the energy sub-index reported another gain, rising 0.7% on the month. Further, core inflation (CPI ex food and energy) moved 0.3% higher during the month. These figures are marginally higher than consensus expectations. Market participants will remain focused on any price developments, particularly in energy pricing, heading into the Fed’s final two-day policy meeting of the year, scheduled for December 8 and 9.

NOTE:
All index performance is in Canadian dollars.
IMPORTANT DISCLAIMERS:
The information in this letter is derived from various sources, including CI Global Asset Management, CRA, Bloomberg, National Post, Globe and Mail, Wall Street Journal, Bloomberg, Reuters, Investment Executive, Advisor.ca, MarketWatch, Toronto Sun, The Guardian, MSN.ca and Statistics Canada at various dates. This material is provided for general information and is subject to change without notice. Before acting on any of the above, please contact me for individual financial advice based on your personal circumstances. Certain statements contained in this communication are based in whole or in part on information provided by third parties and CI Global Asset Management has taken reasonable steps to ensure their accuracy. Market conditions may change which may impact the information contained in this document.