Trial now
INDIA

Operation Switch Smaller Than Expected

BOND SUMMARY

A Calmer Asia Session

ASIA FX

Positive Risk Sentiment Offset By USD Bounce

FOREX

Greenback Edges Higher, Antipodeans Sag

EQUITIES

Bouncing Back

KOREA RATES

Auction Results

CANADA BOC: Financial System Review: Overall risk to 
financial system up slightly from a year ago. Risks are severe 
recession, housing market correction, jump in interest rates triggered 
by global risk repricing. Recesion risk elevated and increasing, 
housing correction risk is moderate and decreasing, risk of jump in 
interest rates is moderate and increasing. Governor Poloz says 
financial system remains resilient. Significant vulnerability 
remains to highly indebted consumers and housing market imbalances; 
policy changes have helped curb those problems. `Fragile' corporate debt 
and climate change are emerging as vulnerabilities.