The Bank of England is announcing the interest rate decision at 14:00 on November 7.
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.
The Reserve Bank of Australia’s release of the interest rate is at 5:30 MT on November 5.
The European Central Bank will release its monetary policy statement and announce an official rate at 14:45 MT on October 24.
The United States will release the headline and core retail sales at 15:30 MT on November 15.
Australia will publish the level of employment change and the unemployment rate at 2:30 MT on November 14.
The Reserve bank of New Zealand will release the monetary policy statement and its interest rate at 3:00 MT on November 13.