We've seen some really strong job gains. . .so this is just a bounce-back to reflect that.
More Quotes from Eric Lascelles:
I don't think there has been much of an impact at all from the election because, certainly a minority was expected, a minority was the outcome.Eric Lascelles
The Bank of Canada may look closely at this number and sit up and think whether they should go further. There is a probability they may go beyond 4 percent.
Eric Lascelles
We did have a weak University of Michigan confidence index ... but on the flip side, you had the producer price index, which came in a little strong.
Eric Lascelles
It's hard to imagine that individual month-to-month figures are going to have much bearing.
Eric Lascelles
Perhaps part of the story for the Canadian dollar is the bump in oil prices and these wholesale numbers, but that's not all that evident in the fixed-income market.
Eric Lascelles
Clearly, many of these automakers are encountering pretty substantial troubles and I think it is going to be a tough time for both the workers and the companies going forward - we'll just have to see how rough it is.
Eric Lascelles
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