The economic calendar features a pair of top-tier releases
I expect good numbers will be brushed aside as a temporary blip before another round of oil price declines hit.
On the flipside, if CPI and/or retail sales are soft, expecting fresh talk of Bank of Canada cuts and the loonie could take a hit.
At the moment, the market is pricing in a 24% chance of a cup on September 9 and a 50% chance of a cut on Oct 21.
