Economic Calendar

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Jul
9
TuesdayImpactActualForecastPreviousDetails
01:30
AUD
NAB Business Conditions
med
3.01.0
01:30
AUD
NAB Business Confidence
med
2.07.0
05:45
CHF
Unemployment (sa)
low
2.3%2.4%2.4%*
08:00
EUR
ECB's Villeroy Speaks in Paris
med
10:00
USD
NFIB Small Business Optimism
low
103.3103.1105.0
12:15
CAD
Housing Starts
low
245.7k208.6k196.8k*
12:30
CAD
Building Permits (m/m)
med
-13.0%-10.0%16.0%*

Building Permits (m/m)

12:30
CAD
ImpactActualForecastPrevious
med
-13.0%-10.0%14.7%

Details

Source
Statistics Canada
Measures
Building Permits measures the change in the number of new building permits issued by the government. Building permits are a key indicator of demand in the housing market.
Usual Effect
A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
Frequency
Monthly. Usually released 30 days after the month ends.
Next Release
Aug 9, 2019
Why Traders Care
This indicator reflects growth in Canada's construction industry. The reports provide value and number of building permits issued as well as the average value of residential and non-residential buildings. It usually has an impact on other statistics, such as employment and durable goods, that contribute to the whole economy.
12:45
USD
Fed’s Powell gives opening remarks on stress tests
med
14:10
USD
Fed’s Bullard gives welcome remarks
med
18:00
USD
Fed’s Quarles speaks on stress tests
med
18:20
USD
Fed’s Bostic speaks on monetary policy
med
23:50
JPY
PPI (m/m)
med
-0.5%-0.1%-0.1%
23:50
JPY
PPI (y/y)
med
-0.1%0.4%0.7%

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