Moving on to Canada, where the consumer price index for the month of March was released, as the CPI was flat in March compared with the expected estimate of 0.2% and following the prior reported rise of 0.4% back in February, while compared with a year earlier, CPI increased by 1.4% down from the prior and expected estimate of 1.6%.

Moreover, Core CPI declined in March by 0.2% compared with the expected estimate of 0.1% and following the prior reported rise of 0.7%, while compared with a year earlier, core CPI eased to 1.7% from the prior reported estimate of 2.1% and also below median estimates of 2.0%