CAD: Stephen Poloz and Housing starts in focus – TDS
|By FXStreet 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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Source:: FX Street