US ADP and BoC’s Lynn in focus today – TDS

Research Team at TDS, suggests that US ADP employment data and BoC’s Deputy Governor Lynn Patterson will be in the limelight today.

Key Quotes

“CAD: Bank of Canada Deputy Governor Lynn Patterson speaks in Edmonton on “Adjusting to the Fall in Commodity Prices”. The speech is likely to focus on the structural rotation underway in the Canadian economy. We will look for any mention of the recent rapid CAD appreciation, a topic Governor Poloz largely skipped over earlier this month.

USD: ADP employment is the lone data release, TD +205k in March, a slowdown from 214k in Feb, but above mkt +195k. Chicago Fed President Evans will speak in New York at 13:00 on the economy and monetary policy.”

Research Team at TDS, suggests that US ADP employment data and BoC’s Deputy Governor Lynn Patterson will be in the limelight today.

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