Trading the News: Canada Retail Sales A 0.8% rebound in Canada Retail Sales may heighten the appeal of the loonie and spark a near-term decline in USD/CAD as it boosts the outlook for growth and inflation. What’s Expected: Why Is This Event Important: The Bank of Canada (BoC) may largely endorse a wait-and-see approach throughout the remainder of the year as Governor Stephen Poloz turns upbeat ...
The members of the Reserve Bank of Australia's monetary policy board said that low inflation allowed them to keep the nation's benchmark lending rate steady at a record low, minutes from the bank's June meeting revealed on Tuesday. more...
House prices in Australia were down 0.2 percent on quarter in the first quarter of 2016, the Australian Bureau of Statistics said on Tuesday. more...
Trading the News: Canada Consumer Price Index (CPI) A slowdown in Canada’s headline & core Consumer Price Index (CPI) may drag on the loonie and fuel the near-term advance in USD/CAD as it puts pressure on the Bank of Canada (BoC) to further support the real economy. What’s Expected: Why Is This Event Important: Even though BoC Governor Stephen Poloz sticks to the sidelines in 2016 and largely ...
The unemployment rate in Australia came in at a seasonally adjusted 5.7 percent in May, the Australian Bureau of Statistics said on Thursday. more...