The Scotiabank analysts offer a sneak peek into what to expect from Wednesday’s Canadian Consumer Price Index (CPI) report slated for release at 1230 GMT. Key Quotes: “A sharp drop in inflation for the month of July is likely “¦ Headline CPI is likely to decelerate by a half percentage point to 1.5% y/y. A shift in year-ago base effects combined with little by way of typical seasonal influences and a small rise in gasoline prices are expected to push overall seasonally unadjusted prices up by just 0.1% m/m. The bigger issue may be what happens to ‘core’ inflation, measured as the average of the BoC’s three central tendency measures. It has been floating around the 2% target mid-point of the 1-3% policy range.” 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 Asian shares drop ahead of Fed minutes FX Street 4 years The Scotiabank analysts offer a sneak peek into what to expect from Wednesday's Canadian Consumer Price Index (CPI) report slated for release at 1230 GMT. Key Quotes: "A sharp drop in inflation for the month of July is likely "¦ Headline CPI is likely to decelerate by a half percentage point to 1.5% y/y. A shift in year-ago base effects combined with little by way of typical seasonal influences and a small rise in gasoline prices are expected to push overall seasonally unadjusted prices up by just 0.1% m/m. The bigger issue may be what happens to 'core' inflation,… 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.
