Forex Economic Calendar

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Raw materials price index close
# Revised Better / Worse Units: % m/m
Impact Actual Forecast Previous Time Date
Med -1.70 0.30 -0.60 07:30 4/30

Source

Statistics Canada

Definition

Measures the price of unprocessed materials purchased by Canadian manufacturers including resources not produced in Canada.

Frequency

8:30AM (EST) roughly 30 days after the reporting month

Why should I care?

Raw Material Price Index is an early measure of inflation as it collects information on the price of unprocessed materials. A high reading is usually considered bullish for the CAD.

CAD SMQ
Help

The OlsenScale (SMQ)

The Olsen Scale quantifies the market activity according to the Scale of Market Quakes (SMQ).

Similar to the Richter scale which measures the release of seismic energy during an earthquake, the SMQ relates excessive pricing along various price and time scales to historical data by assigning a single number to it. On a constant basis, the scale therefore characterizes the state of the market.

For more information visit OlsenScale.com
Released: Apr 30, 2012 7:30
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