Economic Calendar

  • Oct
    20
    Sun
  • Oct
    21
    Mon
  • Oct
    22
    Tue
  • Oct
    23
    Wed
  • Oct
    24
    Thu
  • Oct
    25
    Fri
  • Oct
    26
    Sat
Oct
22
TuesdayImpactActualForecastPreviousDetails
08:30
GBP
GBP Public Sector Net Borrowing
med
9.4B9.3B6.4B
08:30
GBP
Public Finances (PSNCR)
med
2.7B6.4B
09:00
EUR
ECB publishes Bank Lending Survey
med
10:00
EUR
German Bundesbank Monthly Report
med
12:30
CAD
Retail Sales (m/m)
high
-0.1%0.5%0.6%*

Retail Sales (m/m)

12:30
CAD
ImpactActualForecastPrevious
high
-0.1%0.5%0.4%

Details

Source
Statistics Canada
Measures
The change in the total value of sales from various industries of the retail sector excluding motor vehicles.
Usual Effect
This is the primary gauge for consumer spending which significantly contributes to Canada's economic activity. A high reading is usually considered to be bullish for the CAD.
Frequency
Monthly (with the next report)
Next Release
Nov 22, 2019
Why Traders Care
The report serves as a direct gauge of consumption and consumer confidence. Retail Trade is one an important leading indicator for Canada and part of the Index of Leading Indicator used to forecast economic developments. An increasing number of sales can signal consumer confidence and growth to come, but higher consumption can also lead to inflationary pressures.
12:30
CAD
Core Retail Sales (m/m)
high
-0.2%0.1%0.0%*
14:00
USD
Existing Home Sales
med
5.38M5.45M5.5M*
14:30
CAD
Bank of Canada Business Outlook Survey
med
17:00
USD
USD 40bn 2yr auction
med
21:45
NZD
Trade Balance
med
-1,242.0M-1,400.0M-1,565.0M
22:20
AUD
RBA's Kent speaks in Sydney
med

Seek ye first the good things of the mind, and the rest will either be supplied or its loss will not be felt. Francis Bacon