Bank of Canada business outlook survey up next
Two BOC surveys will be released at the bottom of the hour. The business outlook survey and the senior loan officer survey.
The outlook report is the one to watch. It's a top-tier indicator and a clear signal on where the Bank of Canada sees the economy heading. A soft report -- and the market is leaning that way -- will send Poloz to the sidelines.
At the moment, the OIS market is pricing in a 25% chance of an October 25 hike and a 43% chance of a December 6 hike.
