Goldman Sachs says Bank of Canada will hold but with a dovish tilt

Market news

18 January 2017

Goldman Sachs says Bank of Canada will hold but with a dovish tilt

"Data since the October Monetary Policy Report have been better than the BoC expected, and business sentiment has improved. We and consensus therefore expect the Bank to remain on hold, while emphasizing the significant slack remaining in the economy".

U.S.: Industrial Production (MoM), December 0.8% (forecast 0.6%)

Wall Street. Stocks before the bell

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.