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.
What will happen? BOC will report its Monetary Policy statement at 17:00 MT (GMT+3) on Wednesday, October 27…
Canada will publish the Retail Sales and Core Retail Sales on October 22, at 15:30 MT time (GMT+3).
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
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.