Saturday, February 28, 2009

Bank of Canada sets interest rate

Statistics Canada reports on the gross domestic product data for the fourth quarter, and December GDP by industry. Economists expect an annualized 3.5-per-cent drop in quarterly GDP, and a drop of 0.6 per cent in December.

The U.S. Department of Commerce reports on personal income and spending for January. Economists forecast a drop in income of 0.2 per cent, while personal spending is expected to increase by 0.4 per cent.

The U.S. Commerce Department reports on construction spending for January. A drop of 1.5 per cent is expected.

HSBC Holdings PLC releases fourth-quarter results.

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