Canada rate hike a coin flip, almost

September 2nd, 2010 | Tags: , , , , ,

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.


  1. lilac
    September 2nd, 2010 at 18:06
    Reply | Quote | #1

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

  2. Blackday
    September 2nd, 2010 at 18:44
    Reply | Quote | #2

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

  3. Blackday
    September 2nd, 2010 at 18:54
    Reply | Quote | #3

    Where are you? Whales? ;)

  4. zekelogan
    September 2nd, 2010 at 19:54
    Reply | Quote | #4

    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

  5. lilac
    September 2nd, 2010 at 20:17
    Reply | Quote | #5

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

  6. Blackday
    September 2nd, 2010 at 20:36
    Reply | Quote | #6

    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 …

  7. zekelogan
    September 2nd, 2010 at 20:47
    Reply | Quote | #7

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

  8. lilac
    September 2nd, 2010 at 20:49
    Reply | Quote | #8

    More likely they said their cats preferred Whiskas.

  9. Blackday
    September 2nd, 2010 at 21:43
    Reply | Quote | #9

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