Trade balance. Canada, 14:30 (GMT+2) 04 Apr

04Apr.202313:30

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

At 14:30 (GMT+2), Canada will publish its February trade balance data. This indicator consolidates the difference between the amount of payments for exported and imported goods, its increase is a positive factor for the national currency. The trade balance is expected to correct from CAD 1.92B to CAD 1.70B. Implementation of the forecast may put pressure on the quotes of the national currency.

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04 Apr. 2023 13:30

Building permits. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2), Canada will publish February data on the number of building permits issued. The indicator monthly records the change in the number of applications for the construction of real estate approved by the government, and is one of the most important indicators of the construction sector. It is expected that the value will be corrected from –4.0% to 1.5%, which may have a positive impact on the positions of the national currency.

04 Apr. 2023 15:00

Factory orders. USA, 16:00 (GMT+2)

At 16:00 (GMT+2) in the US, February data on the volume of industrial orders will be published. This indicator captures the change in the number of orders for durable and non-durable goods. The indicator is expected to correct from –1.6% to –0.5%. Implementation of the forecast may support the US dollar quotes.

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