Canada Housing Starts s.a (YoY) below expectations (258K) in June: Actual (239K)

Jul 16, 2026

European Central Bank: Hawkish hold bias – Rabobank

Rabobank’s Bas van Geffen expects the ECB to keep the deposit rate at 2.25% in July, judging a hike as a tail risk that would require a much stronger energy shock.

Canadian Dollar: BoC hold and guidance shift – TD Securities

TD Securities notes the Bank of Canada (BoC) kept its policy rate at 2.25% and softened guidance by removing references to both rate-cut risks and consecutive hikes. Markets interpreted the statement as mildly dovish, but prior moves limited volatility.