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5 Sep 2018

BoC to keep rates on hold - TDS

Analysts at TD Securities explained that they look for the BoC to keep rates on hold in September along with a universal consensus.

Key Quotes:

"The statement is likely to maintain an upbeat tone and repeat that further tightening will be warranted, in addition to showing comfort with the evolution of data over the last six weeks, which should support market pricing for a rate hike in October."

"While less noteworthy than the BoC, international merchandise trade for July will be released at 8:30 ET and provide an early update on Q3 growth dynamics."

"TD looks for the deficit to widen a touch to -$1.0bn on a pickup in import activity while exports will be hampered by a shutdown in the oil sands."

Sep 5, 2018

Barnier: UK should seek a Canada-style deal - The Telegraph

The EU's lead Brexit negotiator Michel Barnier continues his onslaught against UK Prime Minister Theresa May's belly-up Brexit proposal this week, as
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Sep 5, 2018

South Korea FX Reserves dipped from previous 402.45B to 401.13B in August

South Korea FX Reserves dipped from previous 402.45B to 401.13B in August
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