The Bank of Canada will publish a rate statement and an update on the interest rate on September 9, at 17:00 MT time.
Will the Canadian jobs data surprise the market?
The Canadian employment change and the unemployment rate will be announced at 15:30 MT on November 8.The change in the employment dynamic is an important indicator reflecting the health of the country economy. The better the condition of the real economy sector, the more jobs are created to expand production plans and foster the existing pace of development. Consequently, the more people land jobs, the less the unemployment rate and higher wage packets. The October 11 release showed better than expected data which led to CAD appreciation against USD on the day of the announcement. We will see on November 8 if the trend maintains the same or not.
If the jobs data is better, the CAD will rise.
If the jobs data is worse, the CAD will fall.
Canada will announce the Canadian retail sales and core retail sales on August 21, at 15:30 MT time
Canada will publish the employment change and the unemployment rate on July 10, at 15:30 MT time.
The USA will publish unemployment claims on October 22 at 15:30 MT time. How to trade after the release?
Canada’s retail sales will be out on October 21 at 15:30 MT time. Get ready with us for this event!
US Core monthly retails sales will be announced on Friday at 15:30 MT time.