Economists, strategists and traders do not expect next week's releases to shed any new light on the current economic environment. Markets will receive more data on the U.S. housing market, July's durable goods orders, PCE report, and minutes from the FOMC Aug. 5 meeting. In Canada the only data of significance...
The Office of the Chief Economist of Freddie Mac issued its monthly economic outlook for July on Monday and, in the narrative provided a helpful analysis of the reasons for the confusing messages emerging from various reports on current house prices. The outlook states the obvious; the housing market...