Nathan Janzen, senior economist at the Royal Bank of Canada, notes that Canadian business sentiment somewhat unexpectedly improved in the Bank of Canada’s autumn (Q3) Business Outlook Survey. Key Quotes “Businesses did cite, as expected, concerns about the US industrial sector amid escalating US-China trade tensions. Indeed, some firms now reportedly expect a “small US recession” over the next year. But foreign demand appears to be holding up, to date.” “There are still clearly legitimate risks to the go-forward outlook for the Canadian economy. But, for now, these survey results – although from a limited sample of about 100 firms – will probably only reinforce the Bank of Canada’s view that rate cuts are not immediately needed.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD remains depressed near mid-1.2800s FX Street 3 years Nathan Janzen, senior economist at the Royal Bank of Canada, notes that Canadian business sentiment somewhat unexpectedly improved in the Bank of Canada's autumn (Q3) Business Outlook Survey. Key Quotes "Businesses did cite, as expected, concerns about the US industrial sector amid escalating US-China trade tensions. Indeed, some firms now reportedly expect a "small US recession" over the next year. But foreign demand appears to be holding up, to date." "There are still clearly legitimate risks to the go-forward outlook for the Canadian economy. But, for now, these survey results - although from a limited sample of about 100 firms… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
