Economic calendar: Markets await for Canadian macro readings

07:11 18 September 2023
  • Indexes in Asia and Europe pressured by Friday's declines on Wall Street
  • Relatively poor macro calendar for today, readings from Canada in focus

The beginning of this week is relatively poor in terms of macro data and their importance, however, the whole week ahead is very interesting and it is likely that expectations of upcoming events will electrify the markets. We will learn the decisions of a number of major central banks from the Federal Reserve, the Bank of England and the Bank of Japan through Turkey's CBRT or Scandinavia's Riksbank and Norges Bank, as well as PMI readings from major economies. However today the economic calendar is relatively light and volatility related to macro readings is likely to occur only on the USDCAD.

Calendar of the day

13:15 BST - Canadian home construction starts. Expectations: 250 thousand Previously: 255 thousand.

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13:00 BST - Inflation excluding energy and food prices in Poland. Expected: 10% Previously: 10,6%

13:30 BST - PPI and RMPI inflation from Canada m/m.

  • PPI: Expected: 0.21% Previously: 0,4%
  • RMPI: Expectations: 1% Previously: 3,5%

15:00 BST - US NAHB Real Estate Index. Expectations: 49 Previously: 50

21:00 BST - Long-term capital inflows in the US. Expectations: $195.9 billion Previously $116.5 billion

Central bankers speeches

  • De Guindos of the ECB - 11:00 am
  • Panetta from the ECB - 5:00 pm

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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