Market Recap – Bank of Canada

Yesterday, it was President Trump and the Chinese vice-premier Han Zheng, that earned their spotlight in the World Economic Forum. Trump emphasized that 25% of worlds foreign direct investments are made in the USA, noted that the phase 2 deal is coming and described US economy as growing and vibrant. The Chinese viec-premier launched a strong defense of globalization. Today, Hong Kong’s chief executive Carrie Lam is expected to address the forum.

The monetary meeting of the Bank of Canada is scheduled for today. This time around, the rate statement will be accompanied by the bank’s economic projections.

Macro releases:  Other than the above monetary meeting, today’s economic calendar includes the Canadian inflation.

Disclaimer

The views expressed do not constitute investment or any other advice /recommendation /suggestion and are subject to change. Reliance upon information in this material is at the sole discretion of the reader. Opinions expressed in the report do not represent the opinion of ZuluTrade Social Trading Platform and do not constitute an offer or invitation to anyone to invest or trade.