Canada’s retail sales will be out on October 21 at 15:30 MT time. Get ready with us for this event!
Keep an eye on the important release for the loonie
The level of GDP growth for Canada will be published on June 28, at 15:30 MT time.
The GDP growth represents the change in the inflation-adjusted value of all goods and services produced by the economy. During the previous release, the indicator advanced by 0.5%. That was a higher level than the forecasts by analysts. It made the Canadian dollar rise. Will the situation repeat itself this time? Let's see.
• If the actual level of GDP growth is higher than the forecasts, the Cad will rise;
• If the actual level of GDP growth is lower than the forecasts, the CAD will fall.
The US monthly CPI is announced on Tuesday at 15:30 MT time.
The European Central Bank will publish a monetary policy statement and release the main refinancing rate at 14:45 on September 10.
Canada will publish the monthly GDP growth on October 30 at 14:30 MT time.
The European Central Bank publishes the monetary policy statement alongside with an update on the interest rate on October 29, at 15:45 MT time.
The Bank of Canada will publish the rate statement together with the interest rate on October 28, at 17:00 MT time.