Building permits. Canada, 14:30 (GMT+2) 10 Apr

10Apr.202413:30

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

At 14:30 (GMT+2), February data on the number of issued building permits will be published in Canada. The indicator records monthly changes 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 may decrease from 13.5% to −3.5%, putting pressure on the Canadian dollar.

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10 Apr. 2024 13:30

Consumer price index. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), March data on the consumer price index will be published in the United States. It is the main indicator of inflation in the country, which reflects changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, healthcare, and so on. It has a significant influence on the decisions of the country’s financial regulator on monetary policy. It is expected to fall from 0.4% to 0.3% MoM and to rise from 3.2% to 3.4% YoY, while the core index may change from 0.4 % to 0.3% MoM and from 3.8% to 3.7% YoY.

10 Apr. 2024 14:45

Interest rate decision. Canada, 15:45 (GMT+2)

At 15:45 (GMT+2), the Bank of Canada will announce its interest rate decision. The regulator is expected to keep the value at 5.00%. The accompanying statement may contain an assessment of the current situation and immediate prospects for the Canadian economy, as well as hints on further actions by the financial authorities.

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