Canada, inflation data for May:
- CPI core: currently: 3.7% YoY. Expected 3.9% YoY, previously 4.1% YoY
- CPI: currently: 3.4% YoY. Expected 3.4% YoY, previously 4.4% YoY
The BoC recently decided to raise interest rates, which was related to a rebound in inflation figures for April. However, we are now seeing a drop to a very low level.
Economic Calendar: UK Unemployment on the Rise – How Will the Bank of England React? (19.05.2026)
Morning Wrap: Markets Do Not Believe Trump's Announcements (19.05.2026)
Daily summary: A week closed with declines – is the market starting to fear inflation?
Economic Calendar: Global Data Focus Shifts to US and Canada,