Little room for a CAD recovery - BNPP

Research Team at BNP Paribas, notes that the oil prices rebounded on Monday as markets reacted to comments from Saudi Arabia that it was prepared to work with OPEC and other producers to stabilize global crude markets.
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Rate cuts preferable to QE – BOE’s Carney

The Bank of England governor Carney in his testimony to UK lawmakers' committee, said rate cuts are preferable to QE as a means to further ease the policy if required. He added that the one reason to hold rates lower is to
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