*** Crunch-time for Bank of Canada policy....>

CANADA: *** Crunch-time for Bank of Canada policy announcement next week

Wednesday, September 4. Many economists holding off making a policy call until

after Friday's GDP data. The few that have are leaning towards keeping rates

steady the next two meetings, citing economic data that remains robust, before

mildly lower rates over the next 3- to 9 months amid slower global global growth

expectations as trade tensions continue to weigh. 

- Skandinaviska Enskilda Banken AB (SEB-A.SK) Steady at Sep 4 BoC meeting, SEB

sees the bank easing rates by 25bp at the Dec 4 meeting to 1.5% at year end.

Looking to 2020, SEB sees an additional 25bp cut to 1.25% at the July meeting.

Inflation target 2%.

- Scotiabank expects a 25bp cut at the October 30 announcement, with another

25bps cut to 1.25% in early 2020.