International Preview For the Week of August 3-7

     Keep your eye on the following data points and markets this week:

     Anything related to Canada: Earlier this year, the Bank of Canada stated the drop in oil was a net negative for the economy.  This analysis which turned out to be very accurate as evidenced by the five consecutive months of economic contraction.  The Bank of Canada has already cut rates 25 basis points to mitigate the damage.  With oil’s price still at low levels, further rate cuts may be necessary.

from RSS Feed http://ift.tt/1OZSTzT
via IFTTT