| On the economic data front today, investors have a break with no releases scheduled. Commodities from metals to energy have all received a lift after positive sentiment and optimism that the global economy is becoming more resilient than previously thought.
Jawboning is still a viable tool for central bankers after Bank of Canada Governor Stephen Poloz clarified in front of the Senate Banking Committee yesterday that his comments at last week's press conference on future interest rate cuts from the BOC should not be taken lightly. The loonie is rebounding off of a 10-month low against the U.S. dollar, on the back of commodities and the revised comment.........................................Full Article: Source
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