Analysts at TDS point out that the Bank of Canada publishes its Financial Stability Review at 10:30 ET amid an otherwise empty data calendar and will be a key economic release for today’s session.
Key Quotes
“The semi-annual report will give an update on household debt dynamics, likely with a focus on mortgage renewals, and be followed by a press conference with Governor Poloz at 11:15 ET. Ontario elections also take place on Thursday, with polls scheduled to close at 21:00 ET, and the latest polling remains indicative of a PC majority.”
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