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Trading news
18 Aug 2017
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.”