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Here’s what we are looking for in tomorrow’s economic reports (January 22, 2020) — Good Luck Trading!
1. CAD CPI (08:30 ET) Bullish CAD — Potential upside surprise given sharp rise in price component of IVEY PMI
2. Bank of Canada Rate Decision (10:00 ET) No Trade — Rate decisions are best traded reactively. No changes expected but guidance is key
3. US Existing Home Sales (10:00 ET) No Trade — Housing data mixed. Stronger starts, weaker permits