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New Housing Price Index. Canada, 14:30 (GMT+2) 22 Aug

22Aug.202213:30

New Housing Price Index. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2) the July New Housing Price Index will be published in Canada, which allows analyzing the state of the national real estate market and assessing the impact of its dynamics on the economy as a whole. The indicator is expected to grow in July from 0.2% to 0.3%. Realization of the forecast may push the quotes of the Canadian dollar to growth.

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Retail Sales. Canada, 14:30 (GMT+2)
19 Aug. 2022 13:30
Retail Sales. Canada, 14:30 (GMT+2)

Canadian Retail Sales data for June are due at 14:30 (GMT+2). Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the GDP. It is expected that in June the indicator will decrease to 0.3% from 2.2% a month earlier, while the core value will be corrected from 1.9% to 0.9%. The implementation of the forecast can put pressure on CAD.

Service and Manufacturing PMI. EU, 10:00 (GMT+2)
23 Aug. 2022 09:00
Service and Manufacturing PMI. EU, 10:00 (GMT+2)

At 10:00 (GMT+2), the August data on business activity indices in the industry and services sector of the EU countries will be released. The indicators reflect the state of business activity in the manufacturing and service sectors. They are calculated based on a survey of purchasing and supply managers of leading enterprises while assessing the attitude of purchasing and supply managers to the current economic situation and the prospects for its further development. Manufacturing PMI is expected to decrease from 49.8 to 49.0 points, and Service PMI – from 51.2 points to 50.5 points.

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