BoC: Governor Poloz in focus today - TDS

Research Team at TDS, suggests that the Bank of Canada Governor Poloz is scheduled to speak at a CD Howe Institute dinner about the role of services in the Canadian economy.

Key Quotes

“Given the relatively strong performance in the services sector, his comments themselves are unlikely to dampen market sentiment. However, in light of the sharp increase in Canadian rates since the US election and the soft economic outlook, it is safe to expect some tough questions in the audience Q&A and press conference. The embargo will be lifted on his speech at 19:45 ET and the press conference will follow at 21:00 ET.”

US: Driving the shift in global portfolio allocations - BBH

Research Team at BBH, argues that the US is amongst the main force this week which is driving the shift in global portfolio allocations.   Key Quotes
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Gold upside still capped around $1,200

Prices for the ounce troy of the precious metal are advancing around 1% at the beginning of the week, sending the metal to fresh tops just below the $
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