At 15:30 (GMT+2), the January commodity price index will be published in Canada. Unlike the price index for industrial goods, this indicator includes purchase items not produced in Canada, and its calculation includes all buyer raw materials costs, including the goods, transportation costs, net taxes paid, and customs duties. If the value continues its negative trend from –4.9% MoM and from –7.9% YoY, it will put pressure on the Canadian dollar.
