Trade balance. Canada, 15:30 (GMT+2) 06 Dec

06Dec.202314:30

Trade balance. Canada, 15:30 (GMT+2)

At 15:30 (GMT+2), October trade balance data will be published in Canada. This indicator records 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 adjust from 2.04B Canadian dollars to 1.50B Canadian dollars, putting pressure on the Canadian dollar.

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06 Dec. 2023 14:30

Trade balance. USA, 15:30 (GMT+2)

At 15:30 (GMT+2), October data on the US trade balance will be published. This indicator records the difference between the amount of payments for exported and imported goods; its increase is a positive factor for the national currency. The balance sheet deficit is expected to widen from –61.50B dollars to –64.10B dollars, putting pressure on the American dollar.

06 Dec. 2023 14:15

ADP nonfarm payroll. USA, 15:15 (GMT+2)

At 15:15 (GMT+2), the US will publish November data on the number of non-farm payrolls from Automatic Data Processing (ADP). They reflect changes in the number of jobs in the non-agricultural sector and are based on a survey of about 400.0K business sources. The indicator is considered a leading indicator of federal employment data. The value is expected to increase from 113.0K to 128.0K, supporting the American dollar.

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