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The Bank of Canada(BoC) rate decision will be published today. After raising interest rates two meetings in a row and providing very little detail after the last hike, the market does not expect a change in 1.00% policy rate. Governor Stephen Poloz is widely anticipated to keep the benc...
No change from previously announced 0.3% q/q is expected by the market and it stands for 1.4%, slightly lower than 1.5% registered in the previous number. A negative surprise would weigh on GBP/USD
The economic agenda is quite busy today. German IFO Business Climate Index will be also published. The index based on a survey of manufacturers, builders, wholesalers and retailers and it measures expectations of German Economic Activity for the next six months. The Ind...
German Manufacturing PMI will be published today and it is expected to ease 60.2 in October compared to 60.6 a month ago while service PMI is expected to remain at 55.6 according to preliminary numbers. In line with or better than expectations will point to a recovery in the European economy. Thi...
Japanese Prime Minister Shinzo Abe ruling bloc scored a big win in Sunday election, with his Liberal Democratic Party-led (LDP) coalition winning a combined 312 seats, keeping its two-thirds supermajority in the lower house Abe victory eased fears that the economic steps implemente...
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