Gross Domestic Product. Canada, 14:30 (GMT+2) 30 Aug

30Aug.202413:30

Gross Domestic Product. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2), data on Canada's gross domestic product (GDP) for the first quarter of 2024 will be presented. It is the main indicator reflecting the state of the national economy, which takes into account domestic consumption, investment, government spending, and exports. It is expected to decrease from 0.2% to 0.1% MoM.

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30 Aug. 2024 13:30

Core PCE Price Index. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), July data on the personal consumption expenditures price index will be published in the United States. The indicator reflects changes in prices for goods and services purchased for personal consumption, with the exception of food and energy. It is expected that the indicator will grow from 0.1% to 0.2% MoM and will be fixed at 2.5% YoY, while the base monthly value is likely to remain around 0.2%, and the annual value will grow from 2.6% to 2.7%.

30 Aug. 2024 15:00

Michigan Consumer Sentiment Index. USA, 16:00 (GMT+2)

At 16:00 (GMT+2) in the US, August data on changes in Michigan Consumer Sentiment Index will be published. The indicator is calculated monthly based on a telephone survey of at least 500 US households and captures consumer spending that is part of economic activity. The value is likely to grow from 66.4 points to 67.8 points, acting as a driver of the upward dynamics of the national currency quotes.

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