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An MNI Main Wire analysis story said the.....>

CANADA
CANADA: An MNI Main Wire analysis story said the Bank of Canada is "more
cautious, likely to hold policy rate at 1.0%." it said that the formerly
"widespread expectation of a third Bank of Canada policy rate hike this year
recedes, with almost no analyst seeing an increase in the 1.0% rate on
Wednesday, and the ranks diminishing of those who expect one at the final
setting for 2017, on Dec. 6."
- "Too many uncertainties, such as NAFTA negotiations that are going badly for a
trade-dependent economy, too many possible prospects that need time to
materialize, such as the effect on high household debt of new housing rules,
leave the Bank of Canada likely to maintain cautious monitoring of data and
events, analysts believe," wrote MNI's Courtney Tower. For more please see Main
Wire story at 2pm ET.
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