Australian monthly retail sales will be announced at 04:30 MT time (GMT+3) on Wednesday, July 21. T
Will the inflation data support the CAD?
Canada will release the monthly consumer price index (CPI) on February 27 at 15:30 MT time.
Last month the level of consumer price index declined by 0.1%. However, it still was higher than the forecast. As a result, the CAD didn't suffer that much. This time the higher-than-expected level will be appreciated by the market again.
• In case CPI outperforms the forecast, the CAD will rise.
• In case CPI comes out lower, than the forecast, the CAD will fall.
The Bank of Canada will publish a rate statement and update on the interest rate on Wednesday, at 17:00 MT time.
Much impactful news will come out! Read the article to get fresh trade ideas for the whole week!
What will happen? The FOMC statement will be published at 21:00 MT (GMT+3) on Wednesday, July 28…
Hong Kong stock index extended a decline sparked by China’s tech crackdown. Tesla posted better-than-expected results. Jump in!
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