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The level of GDP growth for Canada will be published at 14:30 MT time. This indicator is the broadest measure of economic activity which reflects the economic health of the country. Last time, the indicator came out lower than the expectations. It made the Canadian dollar suffer. If this time the situation is different, we may see the CAD going up.
• If the actual level of GDP growth is higher, the CAD will go up;
• If the actual level of GDP growth is lower, the CAD will go down.
Have a look at the key financial instruments on Monday, February 28. Geopolitics is currently on all news frontlines. Western nations escalated sanctions on Russia for the invasion of Ukraine.
Bank of Canada (BOC) will make a statement on December 8, 17:00 GMT+2.
Great Britain will publish the Inflation Rate on October 20, at 09:00 MT time (GMT+3).
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
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