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Trade balance. Canada, 14:30 (GMT+2) 08 Aug

08Aug.202413:30

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

At 14:30 (GMT+2), Canada will publish June trade balance data. This indicator records the difference between payments for exported and imported goods. Its increase is a positive factor for the national currency. It may change from –1.93B Canadian dollars, putting pressure on the Canadian dollar.

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Initial jobless claims. USA, 14:30 (GMT+2)
08 Aug. 2024 13:30
Initial jobless claims. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), the US will present data on the initial jobless claims, collected by the National Department of Labor and published in a weekly report and used to measure the state of the employment sector. A correction from 249.0K to 245.0K may follow.

Consumer price index. China, 03:30 (GMT+2)
09 Aug. 2024 02:30
Consumer price index. China, 03:30 (GMT+2)

At 03:30 (GMT+2), China will publish July data on the consumer price index, a key indicator of inflation in the country, reflecting changes in retail prices for a certain basket of goods and services (food, transportation, utilities, healthcare, etc.). It has a significant impact on the decisions of the national financial regulator on monetary policy. It may change from –0.8% to –0.9% YoY and from –0.2% to –0.1% MoM.

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