Currencies
The Bank of Canada met and raised its interest rate from .75% to 1.00%, as many expected. The Bank said that its monetary policy measures "remain exceptionally stimulative." The December Canadian dollar is trading higher.
Statistics Canada said that building permits totaled C$6.4 billion in July, down 3.3% on the month, but up 33.0% from a year ago.
The U.K.'s Office for National Statistics said that its seasonally adjusted index of production was up 1.9% in July from a year ago. The seasonally adjusted index of manufacturing was up 4.9% in July from a year ago, the biggest annual gain in 15 years. The December British pound is trading higher.
Japan's Cabinet Office said that core machinery orders were up 8.8% in July, the second month of increase.
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