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).
More Quotes from Mark Chandler:
If you look across all markets, there seems to be a common theme of reduction of risk.Mark Chandler
They'll be looking at other stats going forward. On average, the fourth quarter was a good quarter for employment. I don't think they're viewing that as a serious concern here.
Mark Chandler
Cisco does not customize, or develop specialized or unique filtering capabilities, in order to enable different regimes to block access to information. Cisco sells the same equipment in China as it sells worldwide.
Mark Chandler
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.
Mark Chandler
The most remarkable thing about Canadian growth is that it has been so stable given the degree of 'moving parts' like record currency strength, volatile energy prices, weather fluctuations, etcetera.
Mark Chandler
The Bank of Canada may raise the rate to 4 percent and pause. Initial reaction is a weaker Canadian dollar.
Mark Chandler
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