The US Inflation Is in Focus Again
The United States will publish Core PCE Price Index on Thursday at 15:30 GMT+2.
The Canadian dollar may move higher
The level of GDP for Canada is going to be released at 15:30 MT time.
As you may know, the GDP growth is the broadest measure of economic activity of a country. Last time it increased by the higher-than-expected level of 0.3%. It made the CAD bulls excited and pushed the loonie higher. If this time it happens again, we can anticipate the rise of the Canadian currency.
• If the GDP is higher than expected, the CAD will rise;
• If the GDP is lower than expected, the CAD will fall.
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Final Opportunity for the CAD
Canada will post Retail Sales and Core Retail Sales on December 21, at 15:30 GMT+2.
FOMC Will Discuss the Economic Outlook
Federal Reserve will make a statement on November 3, 20:00 GMT+2. There we will hear about Fed’s view on the current economic situation, tapering plans, and other hawkish or dovish tones.
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.
