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Canadian CPI is seen lifting to 1.2% from 1.0% - NAB

In the view of analysts at National Australia Bank (NAB), Canada’s CPI is seen ticking higher on the back of rising BOC rate hike expectations.

Key Quotes:

“Canadian CPI is seen lifting to 1.2% from 1.0%.”

“More interesting offshore tonight will be Canadian CPI - given that markets are about 80% priced for another Bank of Canada rate rise during the 4th quarter.”

China’s NDRC approves $24.8 bn worth of fixed-asset investment projects in July

Reuters out with the latest headlines from China’s state economic planner, the National Development and Reform Commission, citing that China approve
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Mark Carney is going off script – Bloomberg

A Bloomberg article says the economics textbooks prescribe interest rate, but Carney is in no mood to do so and is veering off script.  The article q
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