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Canada rate hike a coin flip, almost

By   || September 2, 2010 at 16:44 GMT
|| 10 comments || Add comment

A Reuters poll of Canadian economists shows that 55% expect a 25 bp hike from the BOC next week to 1%. For what its worth, 10 of 12 primary dealers  (firms that deal at Canadian bond auctions) see a hike next week.

Looks like we could get some volatility on Wednesday, if nothing else.

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10 Responses to “Canada rate hike a coin flip, almost”

  1. Blackday on September 2nd, 2010 16:58 GMT

    Are you saying that 10 out of 12 primary dealers tossed a coin and it came up heads?

  2. lilac on September 2nd, 2010 17:03 GMT

    More likely they said their cats preferred Whiskas.

  3. zekelogan on September 2nd, 2010 17:05 GMT

    The economists use coins, the primary dealers use dowsing rods as they’re way more sophisticated ;)

  4. Blackday on September 2nd, 2010 17:11 GMT

    You know, last night I stayed up all night drinking and playing poker with tarot
    cards. I got a full house and four people are now dead. Strange, because I’ve no hangover …

  5. lilac on September 2nd, 2010 17:13 GMT

    I have a full house all the time – any ideas?

  6. zekelogan on September 2nd, 2010 17:15 GMT

    That’s it Blackers… I’ve had it… get on the next plane because you’re cleaning the darn coffee off my monitor this time! :P

  7. Blackday on September 2nd, 2010 17:18 GMT

    Where are you? Whales? ;)

  8. Blackday on September 2nd, 2010 17:19 GMT

    A farm, lil. Will you take me in too?

  9. lilac on September 2nd, 2010 17:25 GMT

    Dunno why I didn’t think of that ;)
    You any good at milking?

  10. Blackday on September 2nd, 2010 17:35 GMT

    LOL :P

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