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7 Feb 2017
Canada: Key events ahead – TDS
Analysts at TDS enlist key macroeconomic news scheduled from the Canadian docket later today.
Key Quotes:
“The international merchandise trade balance is expected to remain in surplus territory for a second month in December. TD looks for the surplus to widen from $0.53bn to $1.00bn on stronger export activity led by energy products and motor vehicles.”
“The market is less upbeat and looks for the surplus to narrow to $0.20bn.”
“December building permits will be released simultaneously and the market looks for a 3.5% decline on the month.”