We start the week with the markets looking for direction. We have now had several weeks of elevated volatility caused by sentiment vacillating between hopes for a quick economic recovery and worries about the resurgence of COVID and a weaker than expected global recovery. This morning the equity markets look to open positive and the Canadian dollar up by 0.1%. We will be watching Tiff Macklem’s speech closely later today for clues as to his views and approaches to the Canadian economy.
