Canadian Market Analysis --Source: Statistics Canada, Preston Estimates

摘要

A slowing Canadian economy, along with a deterioration in global demand and growingtrade tensions, suggest a downward move from the central bank is likely to happen more quicklythan currently accounted for, according to David Doyle, an economist at Macquarie CapitalMarkets in Toronto. While investors are only assigning a 20% chance of a cut at the September4 meeting, a cut in December is considered likely. Macquarie is assigning a more than 50 percent chance of a cut in September, plus another cut in October.