1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

BoC in the limelight next week – TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    FXStreet (Edinburgh) - Strategists at TD Securities have emphasized the relevance of the upcoming BoC’s Outlook Survey, due next week.

    Key Quotes

    “While the balance of future sales is forecast to remain subdued at +10, the focus will be on future investment intentions and evidence of credit tightening in the resource sector”.

    “A deterioration on either front or a pullback in hiring intentions (which have remained more upbeat that we would have expected) would be consistent with a weaker outlook that will create more spare capacity and ultimately demand more accommodation”.

    “With the focus squarely on growth, questions on inflation arguably matter less to the Bank given the transitory nature of the depreciation in the exchange rate”.
    For more information, read our latest forex news.
     

Share This Page