continue to closely watch high-level talks between US and Chinese trade
negotiators in Washington, with little more than a week left before a US
imposed deadline for an agreement expires, triggering higher tariffs. Chinese
Vice Premier Liu He is scheduled to meet with President
Donald Trump at the White House on Friday.
Retails Sales fell -0.1% in December from -0.9% in November, the most sluggish
back to back monthly performance, largely driven by falling gasoline prices,
Statistics Canada said on Friday.
the January ECB meeting showed policymakers had a downbeat view on Eurozone
economy considering soft set of data and persistent weakness could weigh on
inflation expectations. The ECB had also acknowledged that while data had been
weaker than expected, financial conditions had been eased by markets shifting
expectations for ECB rate lift-off.
Bank of Canada
Governor Stephan Poloz reiterated his belief that borrowing costs are still
likely to go higher and central bank is keeping a close tab on developments in
the nation’s housing market, as well as global trade tensions and the impact of
lower oil prices, as he gauges the timing of his next interest rate increase.