BOC

Mar 05, 2014 at 13:50
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3 Replies
SwissManagement
forex_trader_150670
Member Since Sep 12, 2013   110 posts
Mar 05, 2014 at 13:50
At the last meeting the BOC statement had the following highlights:

On Inflation:

Inflation in Canada has moved further below the 2 per cent target, owing largely to significant excess supply in the economy and heightened competition in the retail sector
The path for inflation is now expected to be lower
Expects inflation to return to the 2 per cent target in about two years, as the effects of retail competition dissipate and excess capacity is absorbed.
The downside risks to inflation have grown in importance
On GDP Growth:

Growth improved in the second half of 2013
However, there has been few signs of the anticipated rebalancing towards exports and business investment.
Recent data have been consistent with expectation of a soft landing in the housing market and a stabilization of household indebtedness relative to income
Real GDP growth is projected to pick up from 1.8 per cent in 2013 to 2.5 per cent in both 2014 and 2015
The economy will return gradually to capacity over the next two years.
Risks associated with elevated household imbalances have not materially changed
On Global Growth

Global growth is expected to strengthen over the next two years with expectations of 2.9 per cent in 2013 to 3.4 per cent in 2014 and 3.7 per cent in 2015
The US will lead this acceleration, aided by diminishing fiscal drag, accommodative monetary policy and stronger household balance sheets
U.S. outlook is affecting global bond, equity, and currency markets.
Global trade growth plunged after 2011, but is poised to recover as global demand strengthens


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Member Since Oct 03, 2013   39 posts
Mar 05, 2014 at 16:20
So are there any differences that are important at this month's BOC meeting compared to last one in January?
Member Since Mar 27, 2014   8 posts
Apr 12, 2014 at 14:29
What about this realy ugly video ??? (Virtual Dealer Plug-In, manipulation):

https://thepiratebay.se/torrent/6943545/MetaTrader_-_Virtual_Dealer_Plug_In__Video_by_ECNJesus
Member Since Mar 27, 2014   8 posts
Apr 12, 2014 at 14:29
Sorry, the above, should have been posted to different thread, my mistake.
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