BoC: Focus on Governor Poloz’s speech - TDS

Analysts at TD Securities suggest that the BoC’s Governor Poloz's speech on monetary policy will be closely watched today, amid a deterioration in economic data since the January MPR.

Key Quotes

“Poloz will speak at 12:45 ET after which an audience Q&A and formal press conference will follow, with the latter scheduled for 14:00 ET.”

“At 8:30 ET we will receive wholesale sales for December where TD looks for a 0.3% increase (market: -0.2%).”