Mark Chandler
Mark Chandler
canada canadian close data gave lows market mean numbers previous testing
Usually Canadian data doesn't mean that much but we were so close to testing the previous (dollar/Canada) lows that when we got better productivity numbers it gave the market a push.
changed data degree high statement wait
The statement may be changed to suggest, because of a high degree of uncertainty, that they'll just wait and see how the data unfolds.
bank canada convince drag fact growth move sector september simple trade
The simple fact that the trade sector has ceased to be a significant drag on growth will be enough to convince the Bank of Canada to move on September 7 (and beyond).
five note planting seen
We haven't seen any planting of any note for five years.
bank core decisions expected fact given remained unchanged year
Given the fact that core was as expected and remained unchanged on a year on year basis, I don't think it will really change the Bank of Canada's decisions much.
bit push saw weakness
We got a bit of an upward push because of the weakness in equities, a bit of reversal from what we saw yesterday.
bad energy eventually gas natural particular question week
This week was a bad one for energy prices, in particular natural gas prices, which were down 15 percent. There was no question of those eventually weighing on the currency.
bank canada clearly continue firm likely percent
You have firm inflation. The Bank of Canada has to continue tightening to keep it in check. Clearly it makes 4.25 percent more likely than 4 percent.
best community developers interest
It's not in the best interest financially for our community. It's in the best interest of the developers who want to come in and do this.
basically coming due good mostly move profit result
It's mostly just coming off the back of profit selling, if you like, after a good result yesterday. The down move in the U.S. is basically due to oil.
bank canada economic interest likely raise rates view
The Bank of Canada still has a constructive view on economic growth. They may be likely to raise interest rates more.
bank canada canadian initial percent raise rate reaction weaker
The Bank of Canada may raise the rate to 4 percent and pause. Initial reaction is a weaker Canadian dollar.
although canada consistent percent
The (Bank of Canada is) priced for 4 percent and this is consistent with that right now, although they are in data-watching mode.
bank consumer good notion reasonably
The bank is reasonably comfortable with the notion that the consumer still has pretty good fundamentals.