AM 1150 Radio Rallies & Reversals
Here's your economic calendar lineup for this week:
In Canada, we've got housing starts data tomorrow; new housing prices on Wednesday; and merchandise trade balance on Thursday.
In the US, there's wholesale trade tomorrow, but Friday gives us CPI, capacity utilization, consumer sentiment, and business inventory data.
On Thursday, we'll here from the Bank of England and the European Central Bank regarding their monetary policy, respectively.
Last week in the US, we got the latest read on the Institute for Supply Management's Non-manufacturing index, which came in at 57.1 for December. Anything above 50 means expansion, but it's the trend that matters. This was the index's fourth consecutive increase, and puts it at its highest since the middle of 2006.
GB
In Canada, we've got housing starts data tomorrow; new housing prices on Wednesday; and merchandise trade balance on Thursday.
In the US, there's wholesale trade tomorrow, but Friday gives us CPI, capacity utilization, consumer sentiment, and business inventory data.
On Thursday, we'll here from the Bank of England and the European Central Bank regarding their monetary policy, respectively.
Last week in the US, we got the latest read on the Institute for Supply Management's Non-manufacturing index, which came in at 57.1 for December. Anything above 50 means expansion, but it's the trend that matters. This was the index's fourth consecutive increase, and puts it at its highest since the middle of 2006.
GB
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