What is it? It's among the primary method the BOC uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate decision, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy.

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

When? October 22nd at 11:15am Eastern Time.

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

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Overnight Rate (CAD)

4 Tips for Today's Trading - 22/10

BOC Rate Statement (CAD)

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What is it? It checks the change in interest rate at which major financial institutions borrow and lend overnight funds between themselves.

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

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

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

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

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4 Tips for Today's Trading - 22/10

BOC Rate Statement (CAD)

Core CPI (USD)

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Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

 1) Market Moves 

US stock futures are looking soft after markets posted a sharp rally over the past four trading days.

Stocks have been extremely volatile this month as a range of concerns have shaken investor confidence. Slower economic growth and spreading Ebola are among the factors spooking investors.

2) Gold & Oil

Gold prices are dipping and oil prices are edging up.

3) Yahooooo! 

Shares in Yahoo (YHOO, Tech30) are set for a 3% pop after the Web giant said profit soared in the third quarter. It earned $6.3 billion from selling part of its stake in Alibaba (BABA, Tech30), the Chinese e-commerce giant. Alibaba debuted last month on the New York Stock Exchange in the largest IPO in history.

4) International Markets Overview

European markets were slipping lower in early trading, while nearly all major Asian markets closed with gains. The Nikkei in Japan was a standout performer, rising by 2.6% Wednesday after dropping 2% on Tuesday.

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BOC Rate Statement (CAD)

Core CPI (USD)

Core Retail Sales (CAD)

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What is it? It's the primary tool the BOC uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future 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 CAD, make sure to make your trades before.

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Core CPI (USD)

Core Retail Sales (CAD)

Coca Cola are Going to Drop Prices

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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.

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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.

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Core Retail Sales (CAD)

Coca Cola are Going to Drop Prices

MPC Official Bank Rate Votes

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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.

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Core Retail Sales (CAD)

Coca Cola are Going to Drop Prices

MPC Official Bank Rate Votes

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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.

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Coca Cola are Going to Drop Prices

MPC Official Bank Rate Votes

MPC Asset Purchase Faciliy Votes

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What is it? The BOE's MPC meeting minutes contain the interest rate vote for each MPC member during the most recent meeting. The breakdown of votes provides insight into which members are changing their stance on interest rates and how close the committee is to enacting a rate change in the future.

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

When? October 22nd at 4:30am Eastern Time.

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

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MPC Asset Purchase Faciliy Votes

Fed Chair Yellen Speaks

Building Permits (USD)

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What is it? The BOE's MPC meeting minutes contain the asset purchase vote for each MPC member during the most recent meeting. The breakdown of votes provides insight into which members are changing their stance on asset purchases and how close the committee is to enacting a change in future purchases.

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

When? October 22nd at 4:30am Eastern Time.

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

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Fed Chair Yellen Speaks

4 Tips for Today's Trading - 17/10

Building Permits (USD)

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