CAD

BoC Macklem, more: Will be a difficult move to 2% inflation, don't want to minimize

CAD is barely responding to Bank of Canada Governor Macklem comments

BoC Macklem - more: Inflation measures have stopped rising rapidly but not yet dropped

BOC Macklem says expects to hike rates even further

Canada October S&P Global manufacturing PMI 48.8 vs 49.8 prior

• October PMI from S&P Global for Canada

Canada August GDP +0.1% vs 0.0% expected

• Canadian monthly GDP data for August

Macklem opening statement: We are getting close to the end of tightening but not there yet

• Initial comments from BOC Governor Tiff Macklem

Why the surprise from the Bank of Canada could set the stage for the Canadian dollar rally

• The loonie slumped on the decision but that might not last for long

Newsquawk preview: BOC rate decision & MPR due at 10 am ET (1500 BST)

• The BoC is expected to hike by 75bps, taking its overnight rate to 4.00%

Goldman Sachs: The Bank of Canada meeting is a close call, important implications for CAD

Canada September prelim manufacturing sales -0.5% vs +2.0% prior

• Preliminary data for September

Market Outlook for the Week of October 24-28

• Several central banking decisions spotlight the week ahead.

Newsquawk Week Ahead October 24-29th: The central bank derby begins

• Highlights include ECB, BoC, BoJ, PMIs, Aus CPI, Tory Leadership Race

USD/CAD is testing the weekly low in volatile trading

• Oil higher on the day but natural gas continues to sink

Canada August retail sales +0.7% vs +0.2% expected

• Canada August 2022 retail sales and preliminary September data