Canada will post Retail Sales and Core Retail Sales on December 21, at 15:30 GMT+2.
The CAD May Rise on Economic Data
What will happen?
Canada will publish a GDP growth for April on June 30 at 15:30 MT time (GMT +3). This is one of the most important economic indicators. It shows the change in the value of goods and services produced by the economy in comparison to the previous month. In March, the GDP growth outperformed the forecasts. The indicator grew 1.1%, beating analysts’ estimates of 1%.
How to trade on the Canadian GDP?
If you want to trade on the release of this indicator, follow the economic calendar, compare the release with the forecasts and place an order afterward.
- If the actual figures are higher than the forecasts, the CAD will rise;
- Alternatively, the CAD will weaken.
Instruments to trade: USD/CAD, GBP/CAD, CAD/JPY
The Eurozone will publish the Indicator of GfK Consumer Confidence on November 25, at 09:00 GMT+2.
US Retail Sales will be out on November 16 at 15:30 MetaTrader time (GMT+2). Get ready with us!
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.