BMO on The Day Ahead in Canada
BY MT Newswires | ECONOMIC | 06/17/25 07:54 AM EDT07:54 AM EDT, 06/17/2025 (MT Newswires) -- Statistics Canada releases April figures on international securities transactions at 8:30 a.m. ET on Tuesday, noted Bank of Montreal (BMO).
StatsCan will also publish new consumer price index component weights at 8:30 a.m. ET Tuesday.
At 1:30 p.m. ET, the Bank of Canada's Summary of Deliberations from the June 4 policy meeting may shed light on what it will take for policymakers to become more comfortable with the inflation outlook, given still elevated core readings, stated BMO.
After back-to-back pauses, the bank looks for the BoC to resume rate cuts in July, assuming softer CPI data and further weakness in labor markets.
While markets might be disappointed that no trade deals were inked at the G7 summit, the good news is that the United States and Canada aim to work toward a trade and security deal within 30 days, aded BMO.
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