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Trade balance. Canada 15:30 (GMT+2) 05 Nov

05Nov.202414:30

Trade balance. Canada 15:30 (GMT+2)

At 15:30 (GMT+2), Canada will publish September trade balance data, recording the difference between payments for exported and imported goods, which increase is a positive factor for the national currency. The indicator may adjust from –1.10B Canadian dollars to –1.60B Canadian dollars, putting pressure on the national currency.

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Trade balance. US, 15:30 (GMT+2)
05 Nov. 2024 14:30
Trade balance. US, 15:30 (GMT+2)

The US September trade balance is due at 15:30 (GMT+2). This indicator measures the difference between the payments for exported and imported goods, and its increase is a positive factor for the national currency. The balance deficit may slow from –70.40B dollars to –75.30B dollars, putting pressure on the American dollar.

ISM non-manufacturing PMI. USA 17:00 (GMT+2)
05 Nov. 2024 16:00
ISM non-manufacturing PMI. USA 17:00 (GMT+2)

At 17:00 (GMT+2), the Institute for Supply Management (ISM) services business activity index for October is due in the US, based on the results of a survey of 375 companies from 17 non-manufacturing sectors and reflecting business conditions in the country. It may change from 54.9 points to 53.3 points, putting pressure on the American dollar.

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