Reserve Bank of New Zealand (RBNZ) will reveal Official Cash Rate and make a statement about monetary policy on October 6, 04:00 GMT+3.
Important indicators may affect the CAD
Canada will release CPI and trade balance data on April 17, at 15:30 MT time.
Consumer price index represents the change in the price of goods and services purchased by consumers. This is the most important inflation-related release. As for trade balance, it shows the difference in value between imported and exported goods. Last time CPI advanced by 0.7% (vs. expected 0.6%). At the same time, Canada's trade balance declined by $4.2 billion. If the actual figures are higher this time, the CAD will go up.
• If the actual levels of indicators are higher than the forecasts, the loonie will rise;
• If the actual levels of indicators are lower than the forecasts, the loonie will fall.
United States Institute for Supply Management (ISM) will release services Purchasing Managers' Index (PMI) on October 5, 17:00 GMT+3.
Although Jerome Powell’s speech sounded hawkish on Wednesday, September 22, markets did not get scared and the main stock indices got bought back…
The United States will release the weekly Unemployment Claims on October 21, at 15:30 MT time (GMT+3).
Great Britain will publish the Inflation Rate on October 20, at 09:00 MT time (GMT+3).
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