Canada: Focus on housing data and BoC Dep Governor - TDS

According to analysts at TD Securities, today’s Canadian market focus will be on an economic progress report from Deputy Governor Patterson amid a lull in the data calendar.

Key Quotes

“Patterson will deliver her economic update at 12:30 ET, ahead of an audience Q&A and formal press conference at 14:00 ET.”

“On the data front, January building permits will give an early look at residential construction intentions ahead of Friday's housing starts, with the market looking for a 1.5% m/m decline.”

Mar 7, 2019

Eurozone: Weakness in the region - Westpac

Tim Riddell, senior market strategist at Westpac, suggests that immediately before the ECB policy meeting and the updates to their staff projections,

EU sceptical Brexit deal can be sealed before March 21-22 summit - Reuters

Citing EU sources familiar with the matter, Reuters reported that the EU was sceptical about the Brexit deal getting finalised before the March 21-22