MNI BRIEF: BOC Says Premature To Discuss Rate Cuts

BOC SAYS IT'S PREMATURE TO START TALKING ABOUT RATE CUTS

MNI BRIEF: Text Of Bank Of Canada Interest-Rate Decision

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 Says Premature To Discuss Rate Cuts

BOC SAYS IT'S PREMATURE TO START TALKING ABOUT RATE CUTS

MNI BRIEF: Text Of Bank Of Canada Interest-Rate Decision

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 

--Rating: *** most market sensitive, * least market sensitive
Date   GMT /Local                                             Prior  Est.
-------------------------------------------------------------------------------
23-May 0030/1030 *   Apr    AU Westpac-MI leading index       97.77    --
23-May 0130/1130 *** Q1     AU Construction work done q/q     -19.4  +1.0   %
23-May 0530/0730 *   Q1     FR unemployment q/q                 8.9    --   %
23-May 0700/0900 **  May    FR Markit Services PMI (p)         57.4  57.4
23-May 0700/0900 **  May    FR Markit Manufacturing PMI (p)    53.8  53.7
23-May 0730/0930 **  May    DE Markit Services PMI (p)         53.0  53.0
23-May 0730/0930 **  May    DE Markit Manufacturing PMI (p)    58.1  57.8
23-May 0800/1000 **  May    EU Markit Services PMI (p)         54.7  54.6
23-May 0800/1000 **  May    EU Markit Composite PMI (p)        55.1  55.1
23-May 0800/1000 **  May    EU Markit Manufacturing PMI (p)    56.2  56.0
23-May 0830/0930 *** Apr    UK CPI m/m                          0.1   0.5   %
23-May 0830/0930 *** Apr    UK CPI y/y                          2.5   2.5   %
23-May 0830/0930 *** Apr    UK core CPI y/y                     2.3   2.2   %
23-May 0830/0930 *** Apr    UK PPI output y/y                   2.4   2.3   %
23-May 0830/0930 *** Apr    UK PPI input y/y                    4.2   5.8   %
23-May 0900/1000 *   Apr    UK ONS House Price Index y/y         --    --   %
23-May 1000/1100 **         UK CBI sales reported balance        -2    --
23-May 1000/1100 **         UK CBI sales expected balance        --    --
23-May 1100/0700 **  18-May US MBA Mortgage Applications       -2.7    --   %
23-May 1345/0945 *** May    US Markit Services Index (flash)   54.6    --
23-May 1345/0945 *** May    US Markit Mfg Index (flash)        56.5    --
23-May 1400/1000 *** Apr    US new home sales                 0.694 0.680 m 
23-May 1400/1000 *   Apr    US bldg permits revision          1.352    -- m 
23-May 1400/1000 *   Q4     US QCEW employment                   --    -- m 
23-May 1400/1600 **  May    EU consumer confidence (p)          0.4   0.3
23-May 1430/1030 **  18-May US crude oil stocks ex. SPR w/w    -1.4    -- m bbl
24-May 2245/1045 **  Apr    NZ Trade balance                    -86  +200 m NZD
24-May 2301/0001 *   May    UK XpertHR median pay award 3m      2.5    --   %
24-May 0600/0800 *   May    DE GFK Consumer Climate            10.8  10.8
24-May 0600/0800 *** Q1     DE GDP (f) q/q                      0.3   0.3   %
24-May 0600/0800 *** Q1     DE GDP (f) y/y wda                  2.3    --   %
24-May 0645/0845 *   May    FR Business Climate Indicator     108.0    --
24-May 0645/0845 **  May    FR Manufacturing Sentiment        109.0    --
24-May 0645/0845 *   May    FR Services Sentiment             107.0    --
24-May 0700/0900 *   Mar    ES industrial orders y/y wda        3.2    --   %
24-May 0700/0900 *   Mar    ES services survey y/y              6.4    --   %
24-May 0830/0930 *** Apr    UK retail Sales m/m                -1.2    --   %
24-May 0830/0930 *** Apr    UK retail sales ex-fuel m/m        -0.5    --   %
24-May 1230/0830 **  19-May US jobless claims                   222   220 k 
24-May 1300/0900 **  Mar    US FHFA Home Price Index            0.6    --   %
24-May 1300/0900 **  Q1     US FHFA Quarterly Home Prices      1.61    --   %
24-May 1300/1500 **  May    BE BNB Business Sentiment           1.0    --
24-May 1345/0945 *   20-May US Bloomberg comfort index           --    --
24-May 1400/1000 *** Apr    US existing home sales             5.60  5.58 m 
24-May 1430/1030 **  18-May US natural gas stocks w/w          +106    --   Bcf
24-May 1500/1100 **  May    US Kansas City Fed Mfg Index         26    --
24-May 2030/1630 **  23-May US Fed weekly securities holdings    --    -- t USD
25-May 2330/0830 **  May    JP Core central Tokyo CPI y/y      +0.6  +0.6   %
25-May 0600/0800 *   Mar    DE construction orders m/m          9.9    --   %
25-May 0700/0900 **  Apr    ES PPI m/m                         -0.9    --   %
25-May 0700/0900 **  Apr    ES PPI y/y                          1.3    --   %
25-May 0800/1000 *** May    DE IFO Business Climate Index     102.1 102.0
25-May 0830/0930 *** Apr    UK GDP (2nd)  q/q                    --    --   %
25-May 0830/0930 *** Apr    UK GDP (2nd)  y/y                    --    --   %
25-May 0830/0930 **  Apr    UK Index of Services m/m             --    --   %
25-May 0830/0930 **  Apr    UK Index of Services 3m/3m           --    --   %
25-May 0830/0930 **         UK BBA new home loan approvals       --    --
25-May 1230/0830 **  Apr    US durable goods new orders         2.6  -1.2   %
25-May 1230/0830 **  Apr    US durable new orders ex           -0.1   0.6   %
                                 transport
25-May 1400/1000 *** May    US Michigan sentiment index (f)    98.8  98.8
25-May 1500/1100 **  Q2     US St. Louis Fed Real GDP Nowcast  3.65    --   %
25-May 1515/1115 **  Q2     US NY Fed GDP Nowcast               3.2    --   %
29-May 2330/0930 **  27-May AU ANZ-RM Consumer Confidence        --    --   %
29-May 0645/0845 **  May    FR Consumer Sentiment               101    --
29-May 0800/1000 **  May    IT ISTAT Consumer Confidence      117.1    --
29-May 0800/1000 **  May    IT ISTAT Business Confidence      105.1    --
29-May 0800/1000 **  Apr    EU M3 y/y                           3.7    --   %
29-May 0800/1000 **  Apr    EU M3 3m. average                   4.2    --   %
29-May 1300/0900 **  Mar    US Case-Shiller Home Price Index    0.8    --
29-May 1400/1000 *** May    US Conference Board confidence    128.7    --
29-May 1430/1030 **  May    US Dallas Fed manufacturing index  21.8    --
30-May 2100/0900 *** Half-Y NZ RBNZ Financial Stability Rpt      --    --
30-May 2301/0001 *   May    UK BRC Shop Price Index m/m          --    --   %
30-May 2301/0001 *   May    UK BRC Shop Price Index y/y          --    --   %
30-May 2350/0850 *   Apr    JP Retail sales y/y                +1.0    --   %
--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com
[TOPICS: MTABLE]
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