OctaFX | OctaFX Forex Broker
Open trading account
Back

Upside risk to Canada's September CPI - TD Securities

FXStreet (Łódź) - Jacqui Douglas, Senior Global Strategist at TD Securities expects Canada's CPI reading for September, due out later today, to show a 2.1% increase.

Key quotes

"We see an upside risk to September CPI in looking for a 2.1% print for year-ago headline inflation (market: +2.0% y/y)."

"Core inflation should remain unchanged at 2.1% y/y buoyed by seasonal lifts from tuition and clothing prices."

"While Q3 inflation has run ahead of what the Bank of Canada had forecast back in July, there are plenty of reasons to sound dovish next week."

US investor diversification into foreign markets not so negative for USD - BTMU

Derek Halpenny, European Head of Currency Strategy at the Bank of Tokyo Mitsubishi UFJ comments on the US TIC Flows numbers for August, released on Thursday.
Read more Previous

BTC/USD hovers around a technical support, BTC/EUR gains 1%

Bitcoin prices are trading around a technical support after prices declined having failed to sustain above the USD 400 mark.
Read more Next
Start livechat