Archived IMT (2009.06.11)

Watch Ashraf earlier discussing bond yields, the dollar, why he still like the Aussie as well as risk appetite. http://watch.bnn.ca/clip181938#clip181938

Bank of Canada Governor Carneys speech at 13:50 EST (18:50 GMT) will be important on what to be said on the strengthening CAD. The BoC has already described the CADs appreciation as unprecedented therefore any signs of Carney showing concern with the strength may weigh on CAD especially if stocks move lower today. The speech will be made available on the central banks web site at about 20 minutes prior to the speech.