Daily Alert: Still early days on Omicron, but initial signs remain hopeful

  • Markets traded with a positive tone overnight. It’s still early days on gauging the impact of the Omicron variant, but overnight signs were hopeful.
  • The Bank of Canada kept settings unchanged.
  • Today's local highlight includes a host of Q3 survey data, for the manufacturing, wholesale trade and some business services sectors that constitute a sizeable chunk of GDP.

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