Poloz_BoC_1701

BOC Rate Hike A Sure Thing? In line with recent comments from the Bank of Canada, which have taken a sharply hawkish shift, markets are widely expecting a rate hike tomorrow. With market pricing for a rate hike having surged above 92% (as shown by OIS) in recent weeks the key issue now will be what the bank signals going forward. The question i...

2017-07-26 James Harte Read more
Canada_rates_1910_BOC

BOC’s Message Is Shifting The BOC’s message has shifted somewhat over recent months, and last night, Deputy Governor Wilkins moved the needle even further by suggesting that the bank will now consider whether current low rates are still required. After the May 24th BOC meeting, it seemed that the bank’s message was turning more CAD-supportive a...

2017-07-26 James Harte Read more
Japan's economic data

The first trading day of the week has no significant economic releases. The global markets are therefore expected to trade in a narrow range throughout the day after a long weekend in the US, and ahead of key economic releases this week. On Tuesday, traders will be looking for many economic releases in Asia, Europe, and the US, which is set to ...

2016-11-28 Nour Eldeen Al-Hammoury Read more
BoC_Canada Inflation

After the dramatic impact of the ECB decision yesterday, the markets are still not done for the week, as the traders and investors are still digesting the ECB Chairman Mario Draghi confusing remarks, which led the Euro to decline below 1.09 after touching 1.1020’s, while global equities are still within a tight range. During the upcoming US sess...

2016-10-21 Nour Eldeen Al-Hammoury Read more
Canada_budget_BOC

During the US session ahead, there are many economic figures will be released from the US and Canada, which set to have a notable impact on the markets. However, we will concentrate on the Canadian figures today, especially that the Canadian Dollar today is the second strongest currency after the Japanese Yen. Definitions Monthly GDP: The Gros...

2016-09-30 Nour Eldeen Al-Hammoury Read more
BoC_Canada

The last trading day of the week comes with a few economic releases during the Asian and European sessions, and the US session has only one important report from Canada, which is set to have a notable impact on the markets ahead of the weekend. All eyes turn to the Canadian inflation data today, which is likely to be the key for CAD trends next ...

2016-09-23 Nour Eldeen Al-Hammoury Read more