Global equity markets were down 2.2% last week (up 1.3% in the prior week) due to rising yields, amid expectations of higher rates and an inflation-induced recession. The Bank of Canada is expected to raise the overnight lending rate by 0.5% this week.
Valuations of gold producers were up 3% last week (up 2% previously); base metal producers were down 5% (up 1% previously).
The global MCAP of cryptos is US$1.96T, up 6% MoM, and down 1% YoY.
As of April 11, 2022, there are 3,182 retail cannabis stores in Canada, an increase of 12 stores WoW, including 12 in Ontario and two in B.C., plus two closures in Alberta.
