Gold Outlook Ahead of NFP
Good day for all traders out there! We prepared a gold analysis and a bunch of other news for you to enjoy! Here's what you should know:
BOC Rate Statement
| The Bank of Canada is keeping the interest rate unchanged since January 2018. Although the central bank is not anticipated to raise the rate this time, it will likely do it later this year. That is why it is important to listen to the BOC report and look for hints about its future monetary policy. A hawkish sounding speech will signal an approaching rate hike. Follow the BOC’s statement at 17:00 MT time on May 30. |
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The Spike is Almost There
China delays GDP data because of potentially harmful numbers, but we will never delay our news because every release is an opportunity to trade on it! Here’s what will move markets today:
Did Canada and the UK Beat inflation?
The UK Office for National Statistics will publish its Consumer Price Index (CPI) update on October 19 at 09:00 GMT+3 and Statistics Canada will release the Consumer Price Index (CPI) on October 19 at 15:30 GMT+3.
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