Canada June housing starts 283.7K vs 259K expected ...Middle East

Prior 279.5K (revised to 282.7K)

This is not a market moving release and definitely not something the market or the BoC is focused on right now. After yesterday's Canadian CPI, the pricing shrinked further and another rate cut by year-end has now less than 50% chance of happening.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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