-- In Canada, CIBC says, the release Wednesday of both Manufacturing and Wholesale data for February should confirm the sharp rebounds already signaled by the advance estimates. For Manufacturing Shipments, CIBC is forecasting a 3.5% monthly gain, compared to a consensus 3.8%. For Wholesale Sales ex-petroleum CIBC sees a 2.5% rise.
However, CIBC adds, housing starts figures for March on Friday are likely to show building activity still
tracking a lower level than the 2025 average. CIBC estimates 204k versus a consensus 250k.
Also on the CIBC calendar for next week are the release of Building Permits for February on Monday and then the auction of $3 billion in 30-YR CANADAS on Wednesday and auction of $5.5 billion in 2-YR CANADAS on Thursday.
Thursday will see the release of March Existing Home Sales and Friday will bring February Int'l Security Transactions.
Price: $143.21, Change: $+1.62, Percent Change: +1.14%