Big data week coming up for CAD traders - Tuesday's is the most important before the BoC meeting

The Bank of Canada meet on October 30 (ie next week)

Om Tuesday, 22 October though we get the closely watched Bank of Canada update to its Business Outlook Survey

• for Q3 2019
• due at 1430 GMT

Via RBC, in summary:

• the most important release before the BoC's October MPR release
• Canadian data - both soft and hard - have held up relatively well overall and we do not expect a paradigm shift in the BOS, though do see the headline indicator somewhat weaker than the last iteration
• Beyond the survey data, the BoC's commentary is probably more important than usual as it could provide additional insights on global influences

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ps. ICYMI - Canada election day is today:

• CAD traders - heads up for the Canadian election Monday 21 October 2019
• CAD traders - its election day in Canada on Monday 21 October 2019 - preview