At 14:30 (GMT+2) the August Raw Material Price Index will be published in Canada. Unlike the price index for manufactured goods, this indicator includes purchase items not produced in the country, and its calculation includes all costs borne by the buyer of raw materials, including the goods themselves, transportation costs, net taxes paid, and customs duties. If the value continues its downward trend from 0.3% month-on-month and 0.8% year-on-year, this will act as a driver for the weakening of the Canadian dollar.
