The Federal Open Market Committee will make its statement and announce the interest rate on July 29, at 21:00 MT time.
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.|
The Canadian central bank will announce interest rates and make a speech on Wednesday, July 15, at 17:00 MT time. Also, the BOC press conference will be later at 18:15 MT time.
Canada will publish the employment change and the unemployment rate on July 10, at 15:30 MT time.
The US NFP will be published on August 7 at 15:30 MT time.
The market sentiment is indeed risk-on today. Stocks, riskier currencies and gold are rising amid the waning US dollar.
Follow the BOE monetary policy and rate statements on August 6 at 14:00 MT time…