Gross Domestic Product. Canada, 14:30 (GMT+2) 31 Jul

31Jul.202613:30

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

At 14:30 (GMT+2), Canada will release gross domestic product May data — the primary indicator reflecting the state of the national economy, encompassing domestic consumption, investment, government spending, and exports. If the indicator increases from 0.5% MoM, this could support the national currency.

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31 Jul. 2026 10:00

Consumer Price Index. EU, 11:00 (GMT+2)

At 11:00 (GMT+2) will be published July data on the consumer price index — a key indicator of inflation that determines changes in retail prices for a certain basket of goods and services (food, transportation, utilities, healthcare, etc.). If it increases by 2.8% YoY, the base value will stand at 2.4%, which is likely to have a material impact on the European Central Bank’s (ECB) monetary policy decisions.

31 Jul. 2026 15:00

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

At 16:00 (GMT+2), the USA will release July data on the change in the University of Michigan consumer confidence index — an indicator calculated monthly based on a telephone survey of at least 500 US households and recording consumer spending, which is part of economic activity. If it corrects from 54.4 points, it will support the position of the national currency.

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