The Week Ahead In Forex-Canadian Dollar (CAD)

GDP figures are the key release in Canada this week. The BoC has dismissed weak Q1 numbers as “inventory adjustments” and the market is looking for another 0.2%m/m gain for May.

Date GMT Event Period UBS Previous Market
30-Jul 12:30 Industrial Product Price Index (Jun) m-o-m 1.0% 0.6% 1.0%
30-Jul 12:30 Raw Materials Price Index (Jun) m-o-m n/a 3.1% 3.0%
31-Jul 12:30 Gross Domestic Product (May) m-o-m 0.3% 0.4% 0.2%