The ECB Monetary Policy Meeting Accounts will be released at 14:30 MT on January 16
Trade the CAD on economic indicators
Canada will release CPI and Core Retail Sales data on October 19 at 15:30 MT time. Both indicators are highly important. As a result, they will affect the Canadian market a lot.
A new agreement between the US, Mexico and Canada were anticipated to support the CAD. However, the effect of the event didn’t last for a long time. The Canadian dollar is under big pressure as the USD strengthens again.
• If data are greater than forecasts, the CAD will rise.
• If data are weaker than forecasts, the CAD will fall.
We expect the US-China phase one trade deal to be signed on Wednesday and multiple important indicators for the USD. Plus, it is the first week of the earnings reports
The British yearly CPI will be released at 11:30 MT on January 15
Netflix releases its Q4'2019 earnings report on Tuesday at 13:00 MT (11:00 GMT). Are you ready to trade stock on it?
The Bank of Canada (BOC) will release its rate statement alongside the monetary policy report during its meeting on January 22 at 17:00 MT time.
Events in Libya pushed the oil price up. So what's the strategy to benefit from it?