Trade Balance. Canada, 14:30 (GMT+2) 04 May

04May.202213:30

Trade Balance. Canada, 14:30 (GMT+2)

Canadian Trade Balance data for March are due at 14:30 (GMT+2). This indicator records the difference between the amount of payments for exported and imported goods. Its increase is a positive factor for CAD. It is expected that the balance will become surplus and will increase from 2.66B to 3.80B Canadian dollars. The implementation of the forecast may support the national currency.

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04 May. 2022 13:30

Trade Balance. USA, 14:30 (GMT+2)

The data on the US trade balance for March will be released at 14:30 (GMT+2). This indicator captures the difference between the amount of payments for exported and imported goods. The increase in the indicator is a positive factor for the national currency. It is expected that the balance sheet deficit will increase from -89.20B to -107.00B dollars, which may put pressure on the USD quotes.

04 May. 2022 13:15

ADP Nonfarm Employment Change. USA, 14:15 (GMT+2)

At 14:15 (GMT+2), the data on Nonfarm Employment Change for March from Automatic Data Processing will be published in the USA. They reflect changes in the number of jobs in the non-agricultural sector and are based on a survey of about 400K business sources. The release is used as a predictor of the government's Labour Market Report. It is expected that in March the value will decrease from 455K to 395K, which may put pressure on the US national currency.

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