Housing starts. Canada, 15:15 (GMT+2) 16 Jan

16Jan.202414:15

Housing starts. Canada, 15:15 (GMT+2)

At 15:15 (GMT+2) in Canada, December data on the number of new houses, the construction of which began in the reporting month, will be published. This indicator is one of the most important indicators of the national construction market. An increase is predicted from 212.6K to 244.0K, supporting the Canadian dollar.

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16 Jan. 2024 14:30

Consumer price index. Canada, 15:30 (GMT+2)

At 15:30 (GMT+2) in Canada, December data on the consumer price index will be published, which is the main indicator of inflation in the country, reflecting changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, healthcare and so on, and also significantly influences the decisions of regulators in the field of monetary policy. The figure is expected to adjust from 0.1% to −0.3% MoM and from 3.1% to 3.3% YoY.

16 Jan. 2024 16:00

Speech by Bank of England Governor Andrew Bailey. UK, 17:00 (GMT+2)

At 17:00 (GMT+2), the head of the Bank of England, Andrew Bailey, will give a speech, in which investors hope to hear comments on the steps already taken in the field of monetary policy aimed at slowing the rate of record inflation, as well as forecasts for the development of the national economy in the context of global instability.

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