周一，标准普尔/多伦多证券交易所综合指数上涨0.3%，收于21872点，反映了国际投资者的情绪，对中东局势进一步升级的担忧有所缓解。尽管石油基准有所下降，但能源板块为该指数提供了支撑，平均上涨0.4%，森科尔领涨1.04%。此外，主要贷款机构交易积极，加拿大皇家银行（Royal Bank of Canada）股价上涨1%。相反，黄金价格从最近的历史高点大幅回落，导致主要矿业公司下跌，如巴里克黄金公司，下跌4.33%，其次是阿格尼科鹰公司，下跌2.87%，惠顿贵金属公司下跌2.47%。与此同时，投资者继续分析最近的经济数据，以了解中国央行未来的货币政策，3月份的生产者价格通胀率达到预期，环比上涨0.8%。

The S&P/TSX Composite index rose by 0.3% to close at 21,872 on Monday, reflecting international investor sentiment, bolstered by eased concerns over further escalation in the Middle East. Despite a drop in oil benchmarks, the energy sector provided support to the index with an average gain of 0.4%, led by Suncor rising 1.04%. Additionally, major lenders traded positively, with the mega-cap Royal Bank of Canada gaining 1%. Conversely, bullion prices experienced a significant retreat from recent record highs, leading to declines in major mining companies such as Barrick Gold, which lost 4.33%, followed by Agnico Eagle with a decrease of 2.87%, and Wheaton Precious Metals down 2.47%. Meanwhile, investors continued to analyze recent economic data for insights into future monetary policy by the BoC, with March’s producer price inflation meeting expectations by rising 0.8% month-on-month.

周一，标准普尔/多伦多证券交易所综合指数下跌0.2%，至21770点以下，受大宗商品相关股票的压力，而伊朗淡化了以色列最近的报复性袭击，缓解了中东地区更广泛升级的紧张局势。金价已从最近的历史高点强势回落，拖累了巴里克黄金公司等主要矿业公司下跌3.4%，其次是阿格尼科鹰公司，下跌2.6%，惠顿贵金属公司下跌2.4%。同样，在紧张局势似乎缓解后，油价得到了缓解，能源板块下跌超过1%，Cenovus以1%的跌幅领跌。与此同时，投资者继续消化最近的经济数据，寻找中国央行未来货币政策的线索。3月份的生产者价格通胀符合预期，环比上涨0.8%。

The S&P/TSX Composite index dropped 0.2% to below the 21,770 level on Monday, pressured by commodity-linked equities, while Iran downplayed Israel’s recent retaliatory attack, easing tensions of broader escalation in the Middle East. Bullion prices have strongly retreated from recent record highs, dragging down major mining companies like Barrick Gold, which lost 3.4%, followed by Agnico Eagle with a decrease of 2.6% and Wheaton Precious Metals down 2.4%. Similarly, oil prices found relief after tensions seemed to ease, dragging the energy sector down by more than 1%, with Cenovus leading the decline at 1%. Meanwhile, investors continued to digest recent economic data for clues on future monetary policy by the BoC. March’s producer price inflation came in line with expectations, rising by 0.8% month-on-month.

2024年3月，加拿大工业生产者价格环比上涨0.8%，与市场预测一致，标志着连续第二个月上涨，尽管涨幅较小。这一增长是由初级有色金属产品（+4.9%）的成本上升推动的，即未锻造的银和银合金（+8.4%）以及未锻造的金和金合金（+7.1%），因为投资者押注美联储今年将多次降息。此外，未锻造的镍和镍合金（+7.1%）和未锻造的铜和铜合金（+4.9%）的价格也有所上涨，前者受到印尼许可延期的影响，后者则因中国冶炼厂减产而上涨。与此同时，肉类、鱼类和乳制品（+3.1%）、木材和其他木制品（3.6%）以及能源和石油产品（+1.1%）小幅上涨。在2月份修正下降1.4%后，3月份生产者价格同比下降0.5%。

Industrial producer prices in Canada rose by 0.8% over a month in March 2024, matching market forecasts and marking the second consecutive period of gain albeit at a softer pace. This increase was driven by higher cost of primary non-ferrous metal products (+4.9%), namely unwrought silver & silver alloys (+8.4%) and unwrought gold & gold alloys (+7.1%), as investors bet on several interest rate cuts by the Fed this year. Also, prices grew for unwrought nickel & nickel alloys (+7.1%) and unwrought copper & copper alloys (+4.9%), with the former being affected by permitting delays in Indonesia and the latter advancing due to production cuts at Chinese smelters. Meanwhile, modest gains were noted for meat, fish, & dairy products (+3.1%), lumber & other wood products (3.6%), and energy & petroleum products (+1.1%). Yearly, producer prices decreased by 0.5% in March, after a revised 1.4% drop in February.

加拿大原材料价格指数继2月份上涨2.1%后，于2024年3月飙升4.7%，为2022年3月以来的最大涨幅。连续三个月上涨的原油能源产品价格（+8.1%）领涨，即常规原油（7.2%）和合成原油（13.3%），因为几个欧佩克+国家将220万桶/日的自愿减产延长至6月底，以稳定石油市场。乌克兰最近对俄罗斯主要炼油厂的袭击，以及中东冲突，也推高了3月份的原油价格。此外，金属矿石、精矿和废料成本上涨4.3%，为2022年12月以来的最大涨幅，主要受金、银和铂族金属矿石和精矿（+8.1%）的推动。此外，动物和动物产品的价格上涨了2.2%，主要是由于牛和小牛（+5.4%）以及猪（+6.0%）的价格上涨。农作物产量增长1.1%，这是自2023年7月以来的首次月度增长。

The Raw Materials Price Index in Canada soared 4.7% mom in March 2024, the largest increase since March 2022, following a 2.1% gain in February. Prices for crude energy products (+8.1%), which have been rising for three months in a row, lead the increase, namely conventional crude oil (7.2%) and synthetic crude oil (13.3%), as several OPEC+ countries extended voluntary output cuts of 2.2 million barrels per day until the end of June to stabilize the oil market. Recent attacks on major Russian refineries by Ukraine, as well as the conflict in the Middle East, also drove up crude oil prices in March. In addition, cost for metal ores, concentrates and scrap rose 4.3%, the largest gain since December 2022, mainly driven by gold, silver, and platinum group metal ores and concentrates (+8.1%). Also, prices for animals and animal products increased 2.2%, mainly on higher prices for cattle and calves (+5.4%) and hogs (+6.0%). Crop products rose 1.1%, the first monthly increase since July 2023.