CAD: Building permits and BoC’s Wilkins speech in focus - TDS

Research Team at TDS, suggests that the Canada’s building permits for August are the lone data release, though a speech by BoC Deputy Governor Wilkins is likely to draw far more attention.

Key Quotes

“The speech, titled “Economic Trends and Monetary Policy” will be released on the Bank’s website at 1135 ET, 15 minutes before Wilkins is due to speak. Given the topic, her comments may have implications for future policy.

US: Data flow will be light with weekly jobless claims the only notable release. TD expects initial claims to edge slightly higher to 255k, in line with consensus. This marks the first time since April that the market expects claims to fall below 260k.”