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What is it? It provides valuable insight into the bank's view of economic conditions and inflation - the key factors that will shape the future of monetary policy and influence their interest rate decisions.

Usual Effect: If the announcement will hint towards higher interest rates, you can expect the CAD to rise

When? October 22nd at 10:00am Eastern Time.

 

Trading Tip: This announcement can greatly affect the USD, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

Core CPI (USD)

Core Retail Sales (CAD)

Coca Cola are Going to Drop Prices

 

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What is it? It check the change in the price of goods and services purchased by consumers, excluding food and energy.

Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.

Usual Effect: If the number is higher than the forecast, you can expect the USD to rise.

When? October 22nd at 8:30am Eastern Time.

Trading Tip: This announcement can greatly affect the USD, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

Core Retail Sales (CAD)

Coca Cola are Going to Drop Prices

MPC Official Bank Rate Votes

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It check the change in the price of goods and services purchased by consumers.

Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.

Usual Effect: If the number is higher than the forecast, you can expect the USD to rise.

When? October 22nd at 8:30am Eastern Time.

 

Trading Tip: This announcement can greatly affect the USD, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

Core Retail Sales (CAD)

Coca Cola are Going to Drop Prices

MPC Official Bank Rate Votes

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It check the change in the total value of sales at the retail level, excluding automobiles.

Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends.

Usual Effect: If the number is higher than the forecast, you can expect the CAD to rise.

When? October 22nd at 8:30am Eastern Time.

 

Trading Tip: This announcement can greatly affect the CAD, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

Coca Cola are Going to Drop Prices

MPC Official Bank Rate Votes

MPC Asset Purchase Faciliy Votes

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

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