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Canada on the agenda

Bank of Canada decision the major highlight today

The economic calendar is isn't busy today but it's steady. There's a heavy focus on Canada with Teranet house prices due at the bottom of the hour along with import prices.

At the top of the hour, Dallas Fed President Kaplan speaks in Houston. He tilt dovishly and is usually candid.

CAD will remain in focus 30 minutes later because of weekly EIA oil inventories. The consensus is for a 3 million barrel draw but private numbers showed a large build late yesterday and that's what has pulled WTI crude 46-cents lower.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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