Disliked{quote} In 2019, when most central banks cut rate, BoC stood reluctant and kept it near 1.75% which seems so vulnerable (another country to hold it was US). Now a lot of experts anticipate a downwards movement in employment figures which can make BoC think again. I've kept my AC long running which moves rather slowly but nice enough. AUD have undergone some pessimism about bushfires. But whatever it is, today's "retail sales" cannot be attributed to bushfire cause it's related to "November" figures when bushfire wasn't this serious. I am personally...Ignored
I think what he says won't affect our short-term trade, day trade or swing trade either.
He talks something for the medium term.
something like that:
===>potential downside risks of the trade dispute have eased as the US and China approach a deal;
===>remains to be seen if trade policy improvements feed through to economy recovery and investment.
===>USMCA deal will remove a large source of uncertainty for many Canadian firms once ratified
he Says also that perhaps the lesson is not to ignore what markets tell you but also consider they are prone to exaggeration
BoC is looking for signs that the trade dispute is effecting sectors outside of those which heavily export, with recent data mixed
Watching labour market to see if the recent moderation in strength persists
====>If housing market rebound strengthens the BoC will be looking for signs of froth; demand seems to be outpacing the ability to
build new homes
3
That's on top of killing over 1500 Iranian protesters! Islam can't rule any country!Its about time it gets kicked out of Iran!as governing authority! 63Canadians among the dead.
