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CAD: Stephen Poloz and Housing starts in focus - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Delhi) – Research Team at TDS, suggests that the Canada’s November housing starts report is it today, TD’s on-consensus expectation is for the pace of new residential construction activity to remain largely unchanged at 200K.

    Key Quotes

    “Permits are expected to rebound at a respectable 2.9% m/m, following the 6.7% m/m collapse the month before. The market will also pay particular attention to the remarks by BoC Governor Poloz, who will be speaking on “The Evolution of Unconventional Monetary.”
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