Trial now
AUSSIE BONDS

AUCTION PREVIEW: ACGB Nov '32 Supply Due

JAPAN DATA

Japan May CPI 0.1% Y/Y; Energy Up

US EURODLR FUTURES

EDM5 Given

     CANADA: BOC Sr Deputy Gov Carolyn Wilkins Thursday reiterated main 
points of Wednesday policy interest rate decision maintaining 1.75% key 
rate, but strengthens language about problems. Example: global trade 
wars  "a major preoccupation" for BOC in new rate decisions. U.S.-China 
damaging themselves, rest of world. Trade environment makes global and 
Canadian slowdown worse than expected, holding back CDN biz investment 
decisions, undermining biz sentiment. Total biz investment as share of 
GDP to be flat over next two years. Sees overall economy on track with 
April growth forecast +1.3% in Q2,improving further in H2. Strong income 
growth in record low labor unemployment supporting consumption. 
Particularly watching trade environment as "wild card" in future 
outlook, along with CDN household spending and oil markets. Policy rate 
stimulus remains appropriate. Spoke to Calgary Chamber of Commerce.