MNI BRIEF: BOC Governor Tiff Macklem Opening Statement

BOC KEEPS KEY RATE 5%, DEBATE SHIFTS TO HOW LONG TO HOLD

MNI China Daily Summary: Wednesday, Jan 24

Bond Supply Calendar: BTP Short / 5/15y BTPeis Due Thursday

MNI: US JAN FLASH SERVICES PMI 52.9 (FCST 51.0); DEC 51.4

MNI: US MBA: MARKET COMPOSITE +3.7% SA THRU JAN 19 WK

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

MNI BRIEF: Canada Needs CAD1 Trln To Fix Housing Squeeze- CMHC

MNI BRIEF: Canada Shows No Progress Closing Housing Shortfall

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MNI BRIEF: BOC Governor Tiff Macklem Opening Statement

BOC KEEPS KEY RATE 5%, DEBATE SHIFTS TO HOW LONG TO HOLD

MNI China Daily Summary: Wednesday, Jan 24

Bond Supply Calendar: BTP Short / 5/15y BTPeis Due Thursday

MNI: US JAN FLASH SERVICES PMI 52.9 (FCST 51.0); DEC 51.4

MNI: US MBA: MARKET COMPOSITE +3.7% SA THRU JAN 19 WK

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

MNI BRIEF: Canada Needs CAD1 Trln To Fix Housing Squeeze- CMHC

MNI BRIEF: Canada Shows No Progress Closing Housing Shortfall

Global Data Calendar 

Repeats Story Initially Transmitted at 20:01 GMT Nov 27/15:01 EST Nov 27
--Rating: *** most market sensitive, * least market sensitive
Date   GMT /Local                                             Prior  Est.
-------------------------------------------------------------------------------
28-Nov 0700/0800 **  Oct    DE Import Price Index m/m           0.9    --   %
28-Nov 0700/0800 **  Oct    DE Import Price Index y/y           3.0    --   %
28-Nov 0700/0800 **  Oct    DE Export Price Index m/m           0.2    --   %
28-Nov 0700/0800 **  Oct    DE Export Price Index y/y           1.7    --   %
28-Nov 0745/0845 **  Nov    FR Consumer Sentiment             100.0    --
28-Nov 0745/0845 *   Oct    FR housing starts 3M y/y           -2.3    --   %
28-Nov 0745/0845 *   Oct    FR housing permits 3M y/y           3.2    --   %
28-Nov 0800/0900 *   Oct    ES retail sales y/y wda             2.1    --   %
28-Nov 0900/1000 **  Oct    EU M3 y/y                           5.1   5.1   %
28-Nov 0900/1000 **  Oct    EU M3 3m. average                   4.9    --   %
28-Nov 1200/1300 *   Nov    DE GFK Consumer Climate            10.7  10.8
28-Nov 1330/0830 **  Oct    US advance goods trade gap        -65.4    -- b USD
28-Nov 1330/0830 **  Oct    US advance wholesale inventories   +0.3    --   %
28-Nov 1330/0830 **  Oct    US advance retail inventories      -0.9    --   %
28-Nov 1330/0830 *   Oct    CA Industrial product prices y/y   +1.5    --   %
28-Nov 1330/0830 *   Oct    CA Raw material Prices y/y         +0.2    --   %
28-Nov 1355/0855 **  25-Nov US Redbook retail sales m/m        -0.7    --   %
28-Nov 1400/0900 **  Sep    US FHFA Home Price Index            0.7    --   %
28-Nov 1400/0900 **  Q3     US FHFA Quarterly Home Prices       1.6    --   %
28-Nov 1400/0900 **  Sep    US Case-Shiller Home Price Index    0.5    --
28-Nov 1500/1000 *   Oct    US bldg permits revision             --    -- m 
28-Nov 1500/1000 **  Nov    US Richmond Fed Mfg Index            12    --
28-Nov 1500/1000 *** Nov    US Conference Board confidence    125.9 124.0
28-Nov 1530/1030 **  Nov    US Dallas Fed services index       18.6    --
29-Nov 2000/0900 *** Half-Y NZ RBNZ Financial Stability Rpt      --    --
29-Nov 2350/0850 *   Oct    JP Retail sales y/y                +2.3  -0.4   %
29-Nov 0745/0845 *** Q3     FR GDP (p) q/q                      0.5   0.5   %
29-Nov 0745/0845 *** Q3     FR GDP (p) y/y                      2.2    --   %
29-Nov 0745/0845 **  Oct    FR Consumer spending m/m            0.9    --   %
29-Nov 0745/0845 **  Oct    FR Consumer Spending  y/y           2.8    --   %
29-Nov 0800/0900 *** Nov    ES HICP (p) m/m                     0.6    --   %
29-Nov 0800/0900 *** Nov    ES HICP (p) y/y                     1.7    --   %
29-Nov 0930/0930 **         UK M4 money supply m/m               --    --   %
29-Nov 0930/0930 **         UK M4 money supply y/y               --    --   %
29-Nov 0930/0930 **         UK M4 ex-intermediate m/m            --    --   %
29-Nov 0930/0930 **         UK M4 ex-intermediate y/y            --    --   %
29-Nov 0930/0930 **         UK mortgage approvals (BOE)          --    --
29-Nov 0930/0930 **         UK net lending on dwellings          --    -- b GBP
29-Nov 0930/0930 **         UK net consumer credit (BOE)         --    -- b GBP
29-Nov 1000/1100 **  Nov    EU Economic Sentiment Indicator   114.0 114.5
29-Nov 1000/1100 *   Nov    EU Consumer Confidence             -1.0    --
29-Nov 1000/1100 *   Nov    EU Industrial Sentiment             7.9    --
29-Nov 1000/1100 *   Nov    EU Business Climate Indicator      1.44    --
29-Nov 1200/0700 **  24-Nov US MBA Mortgage Applications        0.1    --   %
29-Nov 1300/1400 *** Nov    DE HICP (p) m/m                    -0.1    --   %
29-Nov 1300/1400 *** Nov    DE HICP (p) y/y                     1.5    --   %
29-Nov 1330/0830 *** Q3     US GDP (2nd)                        3.0   3.4   %
29-Nov 1330/0830 *** Q3     US GDP Price Index                  2.2   2.2   %
29-Nov 1500/1000 **  Oct    US NAR pending home sales index   106.0    --
29-Nov 1530/1030 **  24-Nov US crude oil stocks ex. SPR w/w   -1.86    -- m bbl
30-Nov 2145/1045 *   Sep    NZ Building consents m/m           -2.3    --   %
30-Nov 2350/0850 **  Oct    JP Industrial production m/m       -1.0  +2.0   %
30-Nov 0000/1300 *** Nov    NZ ANZ business confidence        -10.1    --
30-Nov 0000/1300 *** Nov    NZ ANZ activity outlook            22.2    --
30-Nov 0001/0001 **  Nov    UK Gfk Consumer Conf                -10    --
30-Nov 0030/1130 *** Q3     AU Private new capex q/q           +0.8  +0.8   %
30-Nov 0030/1130 *** Q3     AU Estimate 4 2017-18 capex       101.8  +106 b AUD
30-Nov 0030/1130 *** Oct    AU Dwelling approvals m/m          +1.5  -1.5   %
30-Nov 0030/1130 **  Oct    AU RBA pvt sector credit m/m       +0.3  +0.4   %
30-Nov 0100/0900 *** Nov    CN CFLP Manufacturing PMI          51.6    --
30-Nov 0100/0900 **  Nov    CN CFLP Non-Manufacturing PMI      54.3    --
30-Nov 0645/0745 *** Q3     CH GDP q/q                          0.3    --   %
30-Nov 0645/0745 *** Q3     CH GDP y/y                          0.3    --   %
30-Nov 0700/0800 **  Oct    DE retail sales m/m                 0.5    --   %
30-Nov 0700/0800 **  Oct    DE retail sales y/y                 4.1    --   %
30-Nov 0700/0800 **  Oct    DE ILO employment change             42    -- k 
30-Nov 0700/0700 *   Oct    UK Nationwide House Price Ind y/y    --    --   %
30-Nov 0745/0845 **  Oct    FR PPI m/m                          0.5    --   %
30-Nov 0745/0845 **  Oct    FR PPI y/y                          2.1    --   %
30-Nov 0745/0845 *** Nov    FR HICP m/m (p)                     0.1    --   %
30-Nov 0745/0845 *** Nov    FR HICP y/y (p)                     1.2    --   %
30-Nov 0800/0900 *   Nov    CH KOF Economic Barometer         109.1    --
30-Nov 0800/0900 *** Q3     ES GDP (f) q/q                      0.8   0.8   %
30-Nov 0800/0900 *** Q3     ES GDP (f) y/y                      3.1    --   %
30-Nov 0815/0915 **  Sep    CH retail sales m/m                 0.5    --   %
30-Nov 0815/0915 **  Sep    CH retail sales wda y/y            -0.4    --   %
30-Nov 0855/0955 **  Nov    DE unemployment rate                5.6   5.6   %
30-Nov 0855/0955 **  Nov    DE unemployment change m/m          -11    -9 k 
30-Nov 1000/1100 **  Oct    EU unemployment m/m                 8.9   8.9   %
30-Nov 1000/1100 *** Nov    IT HICP (p) m/m                     0.0    --   %
30-Nov 1000/1100 *** Nov    IT HICP (p) y/y                     1.1    --   %
30-Nov 1000/1100 *** Nov    EU HICP (p) 'core' y/y              0.9   1.0   %
30-Nov 1000/1100 *** Nov    EU HICP (p) y/y                     1.4   1.6   %
30-Nov 1330/0830 **  25-Nov US jobless claims                   239   240 k 
30-Nov 1330/0830 **  Oct    US personal income                  0.4   0.3   %
30-Nov 1330/0830 **  Oct    US current dollar PCE               1.0   0.3   %
30-Nov 1330/0830 **  Oct    US total PCE price index            0.4    --   %
30-Nov 1330/0830 **  Oct    US core PCE price index             0.1   0.2   %
30-Nov 1330/0830 *   Q3     CA Current account                -16.3    -- b CAD
30-Nov 1330/0830 *   Sep    CA Payroll employment             +38.9    -- k 
30-Nov 1330/0830 *   Sep    CA Average weekly earnings y/y     +1.7    --   %
30-Nov 1400/0900 *   Nov    US ISM-Milwaukee Mfg Index        63.61    --
30-Nov 1445/0945 **  Nov    US MNI Chicago PMI                 66.2  63.5
30-Nov 1445/0945 *   26-Nov US Bloomberg comfort index           --    --
30-Nov 1530/1030 **  24-Nov US natural gas stocks w/w           -46    --   Bcf
30-Nov 2000/1500 *   Oct    US farm prices                     -1.7    --   %
30-Nov 2130/1630 **  29-Nov US Fed weekly securities holdings    --    -- t USD
01-Dec     -     *   Nov    FR car registrations y/y           13.7    --   %
01-Dec     -     *** Nov    US NA-made light vehicle sales     13.8  13.8 m 
                                 SAAR
01-Dec 2145/1045 *** Q3     NZ Terms of trade                  +1.5    --   %
01-Dec 2230/0930 **  Oct    AU AI Group manufacturing index    51.1    --
01-Dec 2300/1000 **  Oct    AU CoreLogic home value index m/m   0.0    --   %
01-Dec 2330/0830 **  Oct    JP Household spending y/y          -0.3  -0.4   %
01-Dec 2330/0830 *** Oct    JP Core national CPI y/y           +0.7  +0.8   %
01-Dec 2330/0830 **  Nov    JP Core central Tokyo CPI y/y      +0.6  +0.6   %
01-Dec 0145/0945 *** Nov    CN Caixin Manufacturing PMI        51.0    --
01-Dec 0530/1630 *   Nov    AU RBA commodity price index m/m   -2.4    --   %
01-Dec 0815/0915 **  Nov    ES Markit Manufacturing PMI (f)    55.8    --
01-Dec 0845/0945 **  Nov    IT Markit Manufacturing PMI (f)    57.8    --
01-Dec 0850/0950 **  Nov    FR Markit Manufacturing PMI (f)    57.5    --
01-Dec 0855/0955 **  Nov    DE Markit Manufacturing PMI (f)    62.5  62.5
--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com
[TOPICS: MTABLE]
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