Daily Market Updates: BoC Seen Hiking, Markets Look for Hawkish Signals

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BoC Seen Hiking, Markets Look for Hawkish Signals

Reported · Written up by our desk · Major Pairs

Markets price in 80% chance of a 25bp rate hike to 2.50%. Higher oil prices and rising inflation expectations support a hawkish outcome. Resilient growth offsets trade-related risks. BoC decision due Wednesday at 13:45 GMT; Macklem speaks at 14:30 GMT. Rate hike largely priced in The Bank of Canada is widely expected to raise its […] The post BoC Seen Hiking, Markets Look for Hawkish Signals appeared first on ActionForex .

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Action ForexBoC Seen Hiking, Markets Look for Hawkish Signals

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BoC Seen Hiking, Markets Look for Hawkish Signals

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