Tag Archives: BOC
Weekly Report
Surprise action from the ECB hit the EUR-complex The ECB cut all three rates by 10 basis points through a surprise decision
BoC Review
Despite some tweaks to its language, the Bank of Canada still wants to be convinced that exports are really on the upturn and business capital investment,
BoC State of Play: Slowing Inflation Validates BOC’s Scenario
Canada’s inflation slowed to a year-over-year pace of 2.1% in July, validating the Bank of Canada’s scenario attributing the recent acceleration to
FX Daily
Focus on central bank speeches with ECB’s Coeure and Fed’s Fisher but mostimportant will be Fed chair Yellen’s testimony.
BoC Preview
We expect rates on hold (at 1.00%). We expect the MPR to revise up the inflation forecasts for both headline and core CPI,
The Week Ahead in FX
In the week ahead, investors will be watching testimony on monetary policy by Federal Reserve Chair Janet Yellen and
BOC State of Play:Tepid Biz Outlook Survey May Reinforce BOC Stance
The Bank of Canada was reinforced Monday by the vast majority of Canadian businesses surveyed in believing that inflation,
BOC Won’t Change 1.0% Key Rate Or Neutral Tone June 4
The Bank of Canada will make no change to its 1.0% policy interest rate on Wednesday nor to its neutral tone on whether the next rate change some time ahead might be up or down, analysts said.
Nothing Untoward From The BoC
The Bank of Canada did what was expected of them – absolutely nothing. Today they held firm, and maintained their overnight rate at +1%, their corresponding bank rate at +1.25% and the deposit rate at +0.75%.
The risks & skew in the long USD/CAD trade
It would not look out of place if the Bank of Canada’s April post-meetingstatement made no changes from the March 5th statement. In contrastthe monetary forces shaping the medium-term USD/CAD outlook areexciting….
BOC To Keep Key Rate At 1.0% On Wed; Hold Steady On Outlook
Give or take a decimal point or two, the Bank of Canada and economist market watchers generally believe that Canada’s economy will grow by 2.5% this year and next, an outlook the central bank should confirm on Wednesday.