Canadian CPI inflation for July (Actual: 3,3% y/y. Forecast: 3% y/y. Previously: 2.8% y/y).
-
Inflation m/m (Actual: 0,6% m/m. Forecast: 0.3% m/m. Previous: 0.1% m/m)
-
core inflation y/y (Current: 3.2% vs. expected 2.8% and earlier reading of 3.2% y/y)
core inflation m/m (Current: 0.5% vs. expected 0.4% and previous reading of -0.1% m/m
The Canadian dollar is gaining against the USD amid rising expectations of further interest rate hikes by the BoC.
The mortgage interest cost index (+30.6%) posted another record year-over-year gain and remained the largest contributor to headline inflation. The all-items excluding mortgage interest cost index rose 2.4% in July. Source: statcan
CANADIAN MONEY MARKETS SEE A 35% CHANCE OF BOC RATE HIKE IN SEPTEMBER, UP FROM 22% BEFORE THE INFLATION DATA.
Economic Calendar: A Calm End to the Week!
Daily summary: Rising oil pressures EURUSD, bull run on Wall Street continues
BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal
Economic Calendar - Final Eurozone Inflation and U.S. Industrial Production (16.04.2026)
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
