Economic Calendar

Time Country Period Event Sense Forecast Previous
January 20, 2020
January 21, 2020
15:30 CAD calender forex November Manufacturing Sales m/m -0.6% -0.5% -0.2%
January 22, 2020
15:30 CAD calender forex Median CPI y/y 2.2% 2.4% 2.3%
15:30 CAD calender forex December CPI m/m 0.0% 0.0% -0.1%
Name:

CPI m/m

  • Better if:

    Sense > Forecast

  • Source:

    Statistics Canada

15:30 CAD calender forex December NHPI m/m 0.2% 0.0% -0.1%
15:30 CAD calender forex Trimmed CPI y/y 2.1% 2.2% 2.2%
15:30 CAD calender forex Common CPI y/y 2.0% 1.9% 1.9%
15:30 CAD calender forex December Wholesale Sales m/m -1.2% -0.2% -1.2%
15:32 CAD calender forex December Core CPI m/m -0.4% -0.2%
17:00 CAD calender forex Year Overnight Rate 1.75% 1.75% 1.75%
Name:

Overnight Rate

Essence:

The overnight rate is the interest rate at which major financial institutions borrow and lend one-day funds among themselves. The Bank of Canada sets a target level for that rate.

Why imprtant:

Short term interest rates are the primary factor in currency valuation. Changes in the key interest rate influence other interest rates, and so affect people's spending decisions.

  • Better if:

    Sense > Forecast

  • Periodicity:

    As a rule, 8 times per year accordng to schedule.

  • Source:

    Bank of Canada

17:00 CAD calender forex BOC Monetary Policy Report
Name:

BOC Monetary Policy Report

Essence:

A quarterly report of the Bank of Canada’s Governing Council, presenting the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks.

  • Source:

    Bank of Canada

17:00 CAD calender forex Year BOC Rate Statement
Name:

BOC Rate Statement

Essence:

Announcement of key policy rate. Monetary policy decisions are reached through consensus by the members of the Bank's Governing Council.

Why imprtant:

Short term interest rates are the key factor in currency valuation. Change in key interest rate has a direct impact on interest rates for consumer loans, mortgages etc.

  • Periodicity:

    As a rule, 8 times per year according to schedule.

  • Source:

    Bank of Canada

18:15 CAD calender forex BOC Press Conference
Name:

BOC Press Conference

  • Source:

    Bank of Canada

January 23, 2020
January 24, 2020
15:30 CAD calender forex November Core Retail Sales 0.2% 0.5% -0.4%
Name:

Core Retail Sales m/m

Essence:

Core Retail Sales measures the change in the total value of sales at retail outlets, excluding automobiles. Automobile sales are substantial part of Retail Sales, but due to high volatility they tend to distort the true picture. Core Retail Sales is considered to be a better gauge of of consumption and consumer confidence.

Why imprtant:

It is an important indicator of consumer spending and consumer confidence. Thought to be used to forecast near-term economic developments. 

  • Better if:

    Sense > Forecast

  • Periodicity:

    Monthly, approximately 50 days after the reporting month ends.

  • Source:

    Statistics Canada

15:30 CAD calender forex December Retail Sales m/m 0.9% 0.6% -1.1%
January 25, 2020
January 26, 2020
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