On the economic calendar today:
- Canada Capacity Utilization Rate for Q2: Forecast: 78.5%, Previous: 78.5
- Canada Wholesale Sales m/m: Forecast: -1.1%, Previous -0.6%,
- US Import Prices m/m: Forecast: -0.2%, Previous: +0.1. US export prices MoM Forecast -0.1%. Previous +0.7%
- US Prelim UoM Consumer Sentiment: Forecast: 68.5, Previous: 67.9. Current conditions Forecast 61.5, Previous 61.3. Expectations. Forecast 71.0. Previous 72.1
- US Prelim UoM Inflation Expectations: Previous: 2.8% 5 year inflaiton expectations: Previous 3.0%.
