The United States anticipates the release of headline and core durable goods orders on May 24, at 15:30 MT time.
Bank of Canada Meeting & Press Conference
|Canadian central bank raised its benchmark interest rate twice in 2017. At its last meeting in December, Governor Stephen Poloz sounded rather hawkish. At the same time, Canada’s economy has some problems that may make the Bank of Canada (BOC) put off policy tightening.|
|The BOC will announce its rate decision at 17:00 MT time on January 17. The probability of a rate hike at this meeting isn’t high, but traders will watch the central bank’s statement and the following press conference at 18:15 MT time. As a result, there are almost no doubts that USD/CAD will make big moves during these events.|
On Monday, gold declined notwithstanding a lower American currency because data underpinned hopes for a Fed interest rate lift…
On Friday, European stock indices fluctuated at the beginning of the trading session…
The Reserve Bank of New Zealand will hold a meeting at 00:00 MT time on August 9.