Busy week for the Canadian economy

By Ricky Bean May 16th, 2016

This week, the Canadian economy starts its busy schedule tomorrow noon when the manufacturing sales results are posted. They are expected to show further contraction from last month’s figures.

Friday’s release of the Consumer Price Index (CPI) & retail sales data are more likely to cause a shift in market. The CPI figures have been improving steadily since February, and Friday’s figures are expected to stay positive, but not as strong as before.

Are you looking to buy or sell currencies? Contact your trader now for live rates, news and currency purchasing strategies.

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Busy week for the Canadian economy

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