TD Securities analysts point out that the Bank of Canada’s Business Outlook Survey will be published at 10:30 ET for the final update ahead of the April 24th meeting and will be a key event for today’s Canadian session.
Key Quotes
“We expect the report to have a dovish tone, as a murkier global outlook weighs on investment intentions and expectations of future sales.”
“At 9:00 we will get existing home sales for March, where the market looks for a 2.0% rebound following the 9.1% decline in national sales activity in February.”
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