New home construction starts from Canada came in 252k vs 234,3 k expected and 255,2 k previously
- PPI inflation in Canada (m/m): 1,3% vs 0,21% exp. and 0,4% previously
- RMPI inflation in Canada (m/m): 3% vs 1% and 3,5% previously
Data suggest that overall demand in Canadian economy is still strong and may be even 'proinflationary' as wee see in PPI and RMPI readings.
Source: xStation5
BREAKING: BoE raises interest rates by 25pbs to 4%⏰
Norges Bank keeps rates unchanged, but leaves the door open to rate hikes. Is this really the end of the NOK strengthening, though?
Economic Calendar: Investors Await the Bank of England's Decision 🏛️
What Drives the Market❓Top Morning News ⏰ (November 5, 2026)