Canadian CPI tops the economic news of the day as markets receive the
Fed’s Beige Book and the Department of Energy’s weekly oil inventories.
In the afternoon, markets will also be paying attention o the sales of
$31 billion in two-year Treasury notes.
In the U.S., the Mortgage Bankers Association will release
mortgage applications for the week ending July 18 at 7
a.m. EDT. In the previous week, applications rose 1.7%.