Canadian CPI is seen lifting to 1.2% from 1.0% - NAB
|
In the view of analysts at National Australia Bank (NAB), Canada’s CPI is seen ticking higher on the back of rising BOC rate hike expectations.
Key Quotes:
“Canadian CPI is seen lifting to 1.2% from 1.0%.”
“More interesting offshore tonight will be Canadian CPI - given that markets are about 80% priced for another Bank of Canada rate rise during the 4th quarter.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.