Forex Today: Canadian Inflation Undershoots -
Get DailyForex analysis to your email Following accelerating British inflation data at a new 41 year high, Canadian CPI comes in slightly lower than expected.Canadian CPI data came in yesterday at a month on month increase of 0.7%, when 0.8% had been expected. This will be a little encouraging for north America after US inflation lessened earlier this month.
It has now been confirmed that the Republicans have won control of the US House of Representatives by a narrow majority. This is typically positive for stock markets when it happens in midterm elections. Daily new global coronavirus cases dropped last week, continuing a downwards trend which began last July.
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