1:30 pm BST - Canada, CPI inflation for March. Actual: +4.3% YoY. Expected: 4.3% YoY. Previous: 5.2% YoY
- CPI Core (Y/Y) Mar: 4.3% (exp 4.4%; prev 4.7%)
Inflation in Canada is slowing but not letting up, as the monthly core inflation index in particular shows. This may be a guideline for the US in terms of how underlying prices may still remain high. CAD strengthens after the data, even despite slightly weaker oil prices. 
BREAKING: USDIDX decline despite strong University of Michigan data
French luxury companies and banks gain as the inflation rises
UK GDP Contracted and the Pound is Up? 🇬🇧 💷
Macro Calendar: Wrapping up an intense week (12.06.2026)