CAD: Housing data in focus for today - TDS

Research Team at TDS, suggests that it will be fairly quiet on the Canada’s data front, with the calendar composed entirely of lower-tier housing data.

Key Quotes

“Teranet HPI for April and the New Housing Price Index for March will be released simultaneously at 830 ET; expectations are for new home prices to increase by 0.1% m/m.

At 845 ET we will hear from Bank of Canada Senior Deputy Governor Wilkins who will be in Montreal speaking on a CFA panel. The topic of the discussion is “The Changing Global Bond Market and Implications for Investors”. We do not expect any reference to current monetary policy.”