
Bank of Canada (BOC) will make a statement on December 8, 17:00 GMT+2.
Canada will release the employment change and the unemployment rate on October 9, at 15:30 MT time.
Instruments to trade: USD/CAD, AUD/CAD, CAD/JPY
The employment change and the unemployment rate are one of the most important indicators of employment. While the first one shows the change in the number of employed people during the previous month, the second indicator demonstrates the percentage of the total workforce that is unemployed and actively seeking employment. September's data were disappointing for the Canadian economy. While the employment change reached +245.8K (vs. the forecast of +262.5K), the unemployment rate increased to 10.2% (vs.10.1% expected). USD/CAD spiked right after the release but then moved lower.
Bank of Canada (BOC) will make a statement on December 8, 17:00 GMT+2.
The United States will publish Flash Manufacturing and Services PMIs on Tuesday at 16:45 GMT+2.
Turkey’s central bank governor was at a crossroads: to hold interest rates and take a risk to be fired like it was for three governors before him, or to comply with the president, to cut rates, and to risk the market. Let’s find out, how to react to the rate cut.
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.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
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