Final Opportunity for the CAD
Canada will post Retail Sales and Core Retail Sales on December 21, at 15:30 GMT+2.
How Will GDP Affect CAD?
What will happen?
Canadian m/m GDP will be announced at 15:30 MT (GMT+3) on Thursday, September 30.
It's the broadest measure of economic activity and the primary gauge of the economy's health. Gross domestic product measures a change in the inflation-adjusted value of all goods and services produced by the economy.
Last time the result met the expectations, but CAD/CHF demonstrated high volatility.
How to trade on Canadian GDP?
- If the GDP is greater than forecast, the CAD is likely to strengthen against other currencies.
- If the GDP is lower than forecast, the CAD is likely to weaken against other currencies.
Similar
How Will CAD React to BOC Monetary Policy Report?
What will happen? BOC will report its Monetary Policy statement at 17:00 MT (GMT+3) on Wednesday, October 27…
Major Event Alert: Canadian Retail Sales
Canada will publish the Retail Sales and Core Retail Sales on October 22, at 15:30 MT time (GMT+3).
Latest news
What Will Bring the Core PCE Price Index Release?
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The Big Release for the USD
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
Will New Zealand’s Central Bank Boost the NZD?
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.
