Market updates on August 22
News is what making the risk sentiment fragile today...
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.
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Oil updates and the FOMC minutes are on the agenda
Market updates on August 20
Pay attention to the news from the UK and Italy
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Market updates on June 18
Welcome to Tuesday, people! Here’s your markets update ahead of the European trading session.
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