The Week Ahead Canada & U.S.: U.S. CPI and Retail Sales

It will once again be a volatile week for markets, with data having little impact on market moves. According to some traders, the news over the weekend from the G7 meeting will play a big role in what happens in markets during the week. There is a full docket of U.S. reports, which include retail sales, CPI regional manufacturing surveys and consumer sentiment. North of the border, it will a shortened trading week in Canada due to Thanksgiving. This week's lack of economic data in North America won't have much impact on the markets, said David Duggan, fixed income trader at the National Bank of Canada. "It's all about funding, libor and interest rates. The bigger problem is that banks won't lend to each other at any rate," he... [read full story]