The Bank of Canada’s release of the interest rate is at 17:00 MT time on December 4.
Canadian dollar is awaiting the jobs data
Canada will release the level of employment change and unemployment rate on October 11, at 15:30 MT time. The employment change represents the change in the number of employed people during the previous month. Last time, this indicator showed a great increase by 81.1 thousand jobs. The unemployment change, which is the percentage of the total unemployed workforce, stood at the same level of 5.7%. That scenario resulted in the rise of the Canadian currency. If this time the situation repeats itself, bulls of the CAD will be excited again.
• If the employment change is higher and the unemployment rate is lower than the forecasts, the CAD will go up;
• If the employment change is lower and the unemployment rate is higher than the forecasts, the CAD will go down.
The Reserve Bank of Australia’s Rate Statement is at 05:30 MT time on December 3.
Canada will release its GDP growth rate at 15:30 MT time on November 29.
The ECB will announce the main refinancing rate at 14:45 and give a press conference at 15:30 MT time on December 12.
The Federal Funds Rate is announced at 21:00 MT time on December 11.
The British monthly GDP growth rate is at 11:30 MT time on December 10.