Intraday Market Thoughts
Archived IMT (2009.05.20)
by
May 20, 2009 11:36
The expected 0.6% in Canada CPI (due at 11:00 GMT, 12:00 London) from 1.2% is the headline CPI y/y, which would be a substantial drop for a y/y basis (lowest since Nov 2001). Core CPI is expected to slow to 1.8% y/y from 2.0%. If we do get anyting lower than 0.8% in the annual headline, expect renewed losses for CAD, hence USDCAD could jump towards 1.1645-50s. Rising oil prices may come in the way of falling CAD.
Latest IMTs
-
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
by Ashraf Laidi | Sep 28, 2023 14:41
-
Copper Broke, Time to Worry?
by Ashraf Laidi | Sep 28, 2023 12:22
-
Inflection points in Gold إنعطافات الذهب
by Ashraf Laidi | Sep 22, 2023 18:25
-
GBP Does it again عملها مرة أخرى
by Ashraf Laidi | Sep 20, 2023 13:19
-
ندوة أوربكس الآن مع أشرف العايدي
by Ashraf Laidi | Sep 19, 2023 18:43