On Friday, 04-30-10 at 8:30 AM ET, the Canadian Statistics Canada will release the monthly CAD Gross Domestic Product MoM report and the other 2 CAD reports, released about 60 days after the months end.
Additional news releases are:
CAD – RMPI
CAD – IPPI
USD – Advance GDP QoQ
USD – Advance GDP Price Index QoQ
USD – Employment Cost Index QoQ
Bureau of Economic Analysis USD reports:
I posted a “follow up” for last months report on Thursday, 04-08-10, click here to see.
Here is what is going on tomorrow:
CAD Gross Domestic Product MoM – Stats
Previous = 0.6%
Forecast = 0.5%
Here is how I am set up for tomorrow:
CAD-6-30AM-04-30-10
Looking for a 1.0% difference
Actual > Forecast = Good for CAD
CAD GDP m/m
——actual———-forecast———-previous
________________0.5%________0.6%
out higher by 1.5% – SELL GBP/CAD
out lower by -0.5% – BUY GBP/CAD
I will set up to trade either the GBP/CAD or the EUR/CAD currency pairs – looking for a 1.0% difference between the “actual“ and the “forecast“.
Soon after this report had been released I did post a “follow up” report of the results, click here to see what happened.
The next scheduled release of this report is on Monday, 05-31-10 at 8:30 AM ET.
I will probably post a “preview“ a day or two prior.
Stay tuned!
