Tag Archives: BOC
Bank of Canada remains at 1.0%
As widely expect BOC kept their target rate at 1.0% where it has been since Sep 2010.
US Morning Update
We observed very tight ranges in most currency pairs during the London morning. There was not enough direction coming from Ukraine or Black Sea news,
Ukraine tensions ease pave way for service PMI focus before ECB
Risk appetite has continued its recovery overnight after Ukraine-Russia tensions eased somewhat yesterday.
Pickup in Inflation, 4Q GDP, Won’t Change BOC Course
Neither the inflation pickup in January nor the GDP growth acceleration in the fourth quarter, that topped the Bank of Canada’s own projection,
Morning Report
Asian markets are mostly lower following weak manufacturing data from China. The flash reading of HSBC China manufacturing PMI unexpectedly dropped to 49.6 in January versus consensus of 50.4.
FX Weekly
Week ahead – the world waits for the BoC This is an enormously important period for Canada and the BoC, and things really heat up in the week ahead.
The Week Ahead in FX
In the week ahead, investors will be focusing on Friday’s U.S. nonfarm payrolls report for November, amid expectations that the Federal Reserve will start to
US Morning Update
Major Overnight Headlines European Oct. manufacturing PMIs mixed; UK, Denmark, and Sweden miss, Norway beats, Greece still sub-50
Bank of Canada’s Q3/13 Business Outlook Survey Provides Mixed Picture
The outlook for future sales improved with the diffusion measure jumping to 31 in Q3 from 9 in Q2.
FX Daily Strategist: US
Data keeps bearish EURGBP momentum intact The highlight of the European economic data this morning is the UK services PMI which held up at very robust levels, registering a slight increase to 60.5.
Daily FX Update
USD EXPECTED TO RALLY IN SEPTEMBER ● USD is mixed – growth currencies strong; the other majors & EM weak.