TD Securities analysts suggest that Canada’s headline CPI is forecasted to recover to 2.0% YoY in October, with prices 0.4% higher on the month. Key Quotes “Gasoline prices were little changed on the month despite seasonal headwinds, which should see the year-ago drag from energy diminish by ~0.1pp. Outside of gasoline, we expect natural gas and heating oil to drive a modest increase in energy prices, reflecting unseasonably cold weather across Western Canada during the month. However, this will be more than offset by softer food prices following a pullback in producer-level food prices along with agriculture products.” “Stripping out both leaves the ex. food & energy index up 0.6% m/m, with much of this driven by seasonal effects in apparel and telecoms. Looking to the Bank’s preferred core measures, we see downside risks, owing to sizeable base-effects.” 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 Mood in Beijing about trade deal is pessimistic – CNBC FX Street 3 years TD Securities analysts suggest that Canada's headline CPI is forecasted to recover to 2.0% YoY in October, with prices 0.4% higher on the month. Key Quotes "Gasoline prices were little changed on the month despite seasonal headwinds, which should see the year-ago drag from energy diminish by ~0.1pp. Outside of gasoline, we expect natural gas and heating oil to drive a modest increase in energy prices, reflecting unseasonably cold weather across Western Canada during the month. However, this will be more than offset by softer food prices following a pullback in producer-level food prices along with agriculture products." "Stripping out… 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.
