A slew of news in the Asian session with better than expected Chinese GDP, strong UK employment, soft European CPI and rumours of a downgrade to Japan’s economic assessment have driven markets leading into an important day in NA trading that will include the BoC decision, Chair Yellen and three other Fed speakers, the Beige Bookas well as a slew of data. Leading into the open the USD is mixed, equities are firm and the U.S. 10year is trading at 2.65%.
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Scotiabank