Are you ready to dive into today’s economic calendar? We’ve got a packed schedule of high and medium impact events that could have a significant impact on the markets. From Australia’s CPI q/q and y/y to the Bank of Canada’s monetary policy report, rate statement, and overnight rate, there’s plenty to keep an eye on.

🔴 AUD – CPI q/q:
Forecast: 1.1% | Previous: 0.7%
Australia’s CPI q/q is expected to show a modest increase of 1.1%, up from the previous quarter’s 0.7%. This could be a positive sign for the Australian economy, indicating that inflation is slowly picking up steam. However, it’s important to keep in mind that this is just an estimate, and actual numbers may differ.

🔴 AUD – CPI y/y:
Forecast: 3.1% | Previous: 3.0%
The annual CPI reading is expected to show a slight increase of 3.1%, up from the previous year’s 3.0%. This could be a sign that the Australian economy is slowly recovering from its recent slump. However, it’s important to keep in mind that this is just an estimate, and actual numbers may differ.

🔴 AUD – Trimmed Mean CPI q/q:
Forecast: 0.8% | Previous: 0.6%
The trimmed mean CPI q/q is expected to show a modest increase of 0.8%, up from the previous quarter’s 0.6%. This could be a positive sign for the Australian economy, indicating that inflation is slowly picking up steam. However, it’s important to keep in mind that this is just an estimate, and actual numbers may differ.

🟡 NZD – RBNZ Gov Hawkesby Speaks:
Governor Hawkesby of the Reserve Bank of New Zealand is expected to speak today, but no specific details are available. Keep an eye out for any insights or comments that could impact the New Zealand dollar.

🔴 CAD – BOC Monetary Policy Report:
The Bank of Canada’s monetary policy report is expected to provide insights into the bank’s current stance on interest rates and the economy. Keep an eye out for any changes in the bank’s outlook that could impact the Canadian dollar.

🔴 CAD – BOC Rate Statement:
The Bank of Canada’s rate statement is expected to provide insights into the bank’s current stance on interest rates and the economy. Keep an eye out for any changes in the bank’s outlook that could impact the Canadian dollar.

🔴 CAD – Overnight Rate:
The overnight rate is expected to remain unchanged at 2.25%, as the Bank of Canada maintains its current stance on interest rates. However, keep an eye out for any changes in the bank’s outlook that could impact the Canadian dollar.

🔴 USD – Pending Home Sales m/m:
The pending home sales m/m is expected to show a moderate increase of 1.6%, down from the previous month’s 4.0%. This could be a sign that the US housing market is slowing down, which could have implications for the broader economy. Keep an eye out for any changes in the US dollar’s value.

🔴 CAD – BOC Press Conference:
Bank of Canada Governor Stephen Poloz is expected to hold a press conference today, but no specific details are available. Keep an eye out for any insights or comments that could impact the Canadian dollar.

🔴 USD – Federal Funds Rate:
The federal funds rate is expected to remain unchanged at 4.00%, as the Federal Reserve maintains its current stance on interest rates. However, keep an eye out for any changes in the Fed’s outlook that could impact the US dollar.

🔴 USD – FOMC Statement:
The Federal Open Market Committee’s statement is expected to provide insights into the Fed’s current stance on interest rates and the economy. Keep an eye out for any changes in the Fed’s outlook that could impact the US dollar.

🔴 USD – FOMC Press Conference:
Federal Reserve Chairman Jerome Powell is expected to hold a press conference today, but no specific details are available. Keep an eye out for any insights or comments that could impact the US dollar.