Final Opportunity for the CAD
Canada will post Retail Sales and Core Retail Sales on December 21, at 15:30 GMT+2.
Will the Canadian jobs data surprise the market?
The Canadian employment change and the unemployment rate will be announced at 15:30 MT on November 8.The change in the employment dynamic is an important indicator reflecting the health of the country economy. The better the condition of the real economy sector, the more jobs are created to expand production plans and foster the existing pace of development. Consequently, the more people land jobs, the less the unemployment rate and higher wage packets. The October 11 release showed better than expected data which led to CAD appreciation against USD on the day of the announcement. We will see on November 8 if the trend maintains the same or not.
- If the jobs data is better, the CAD will rise.
- If the jobs data is worse, the CAD will fall.
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Major Event Alert: Canadian Retail Sales
Canada will publish the Retail Sales and Core Retail Sales on October 22, at 15:30 MT time (GMT+3).
Latest news
What’s New with Australian Unemployment Rate?
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
Can the UK CPI surprise?
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Retail Sales Update
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
