New Housing Price Index. Canada, 15:30 (GMT+2) 22 Nov

22Nov.202214:30

New Housing Price Index. Canada, 15:30 (GMT+2)

At 15:30 (GMT+2) the October 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 from -0.1% to 0.2%. Realization of the forecast may push the quotes of the Canadian dollar to growth.

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22 Nov. 2022 14:30

Retail Sales. Canada, 15:30 (GMT+2)

Canadian Retail Sales data for September are due at 15:30 (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 Gross Domestic Product. It is expected that in September the indicator will correct from 0.7% to -0.5%, and the core indicator may correct from 0.7% to -0.6%. The implementation of the forecast can put pressure on the Canadian currency.

22 Nov. 2022 16:00

Consumer Confidence. EU, 17:00 (GMT+2)

At 17:00 (GMT+2) November data on the Consumer Confidence index will be published in the euro area. The indicator is calculated based on a survey of 2.3K households that evaluate the prospects for the economy. This is a leading indicator for consumer spending. High rates indicate consumer optimism. The indicator is expected to correct from -27.6 points to -26.0 points.

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