Next week, economic data to be released in Canada, includes CPI, retail sales and manufacturing shipments. According to National Bank of Canada’s analysts, the CPI could show a decline of 0.1% in June. Key Quotes: “A lot of attention will be on June’s consumer price index. Gasoline prices dropped 2.2% in the month, a very weak showing compared with historical averages. That result may lead to a 0.1% monthly decline for headline CPI which, in turn, could translate into a 2.2% increase on a 12-month basis (unchanged from May). The rise in core prices, meanwhile, could have accelerated in June after the recent weakness, reflecting an economy running above potential. This could allow the annual rate of CPI-common to remain unchanged at 1.9%.” “Both headline and ex-auto retail sales likely bounced back in May, helped by strong auto sales and higher gasoline prices. Also in May, manufacturing shipments may have recorded a second consecutive monthly decline, in line with the slide observed in exports of factory goods. We’ll also keep an eye on the publication of international securities transactions for May.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ethereum Technical Analysis: ETH/USD rangebound below $450 FX Street 5 years Next week, economic data to be released in Canada, includes CPI, retail sales and manufacturing shipments. According to National Bank of Canada's analysts, the CPI could show a decline of 0.1% in June. Key Quotes: "A lot of attention will be on June's consumer price index. Gasoline prices dropped 2.2% in the month, a very weak showing compared with historical averages. That result may lead to a 0.1% monthly decline for headline CPI which, in turn, could translate into a 2.2% increase on a 12-month basis (unchanged from May). The rise in core prices, meanwhile, could have accelerated in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
