| July 22, 2024 |
| July 23, 2024 |
| July 24, 2024 |
| 02:45 | | | BOC Monetary Policy Report | | | |
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BOC Monetary Policy Report - Essence:
A quarterly report of the Bank of Canada’s Governing Council, presenting the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks. |
| 02:45 | | Year | BOC Rate Statement | | | |
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BOC Rate Statement - Essence:
Announcement of key policy rate. Monetary policy decisions are reached through consensus by the members of the Bank's Governing Council. - Why imprtant:
Short term interest rates are the key factor in currency valuation. Change in key interest rate has a direct impact on interest rates for consumer loans, mortgages etc. |
| 02:45 | | Year | Overnight Rate | 4.50% | 4.50% | 4.75% |
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Overnight Rate - Essence:
The overnight rate is the interest rate at which major financial institutions borrow and lend one-day funds among themselves. The Bank of Canada sets a target level for that rate. - Why imprtant:
Short term interest rates are the primary factor in currency valuation. Changes in the key interest rate influence other interest rates, and so affect people's spending decisions. |
| 02:45 | | June | Flash Manufacturing PMI | 49.5 | 51.7 | 51.6 |
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Flash Manufacturing PMI |
| 02:45 | | | Flash Services PMI | 56.0 | 54.7 | 55.3 |
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| 03:30 | | | BOC Press Conference | | | |
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BOC Press Conference |
| 08:15 | | July | French Flash Manufacturing PMI | 44.1 | 45.8 | 45.4 |
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French Flash Manufacturing PMI -
Better if: Sense > Forecast -
Source: Markit |
| 08:15 | | June | French Flash Services PMI | 50.7 | 49.7 | 49.6 |
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French Flash Services PMI |
| 08:30 | | July | German Flash Manufacturing PMI | 42.6 | 44.1 | 43.5 |
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German Flash Manufacturing PMI -
Better if: Sense > Forecast -
Source: Markit |
| 08:30 | | June | German Flash Services PMI | 52.0 | 53.2 | 53.1 |
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German Flash Services PMI |
| 09:30 | | | Flash Manufacturing PMI | 51.8 | 51.1 | 50.9 |
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Flash Manufacturing PMI |
| 09:30 | | | Flash Services PMI | 52.4 | 52.5 | 52.1 |
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| July 25, 2024 |
| 01:30 | | | Advance GDP q/q | 2.8% | 2.0% | 1.4% |
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| 01:30 | | Week | Unemployment Claims | 235K | 237K | 245K |
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Unemployment Claims -
Better if: Sense < Forecast -
Source: Department of Labor |
| July 26, 2024 |
| 01:30 | | June | Core PCE Price Index m/m | 0.2% | 0.2% | 0.1% |
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Core PCE Price Index m/m |
| July 27, 2024 |
| July 28, 2024 |