Challenges
Current Account
Most recent - Thursday 31 August 2023 12:30
Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
Next event - Thursday 30 November 2023 13:30
The typical/expected impact on CAD pairs is medium.
There is no forecast value for Current Account yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Current Account was -6.63B against a forecast of -11.2B.
Past events
Economic context
Recent economic data has been strongly bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Current Account result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (MoM) | Bullish change | -0.2% | 0% | ||
| Retail Sales (MoM) | Bullish change | 0.1% | 0.3% | ||
| Retail Sales ex Autos (MoM) | Bullish change | -0.7% | 1% | ||
| BoC Consumer Price Index Core (MoM) | Bearish change | 0.5% | 0.1% | ||
| BoC Consumer Price Index Core (YoY) | Bullish change | 3.2% | 3.3% | ||
| Consumer Price Index (MoM) | Bearish change | 0.6% | 0.4% | ||
| Consumer Price Index (YoY) | Bullish change | 3.3% | 4% |
About Current Account
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Capital Flows |
| Frequency: | Quarterly |
Related events
| Australia | Trade Balance (MoM) | ||
| Australia | Exports (MoM) | ||
| Australia | Imports (MoM) | ||
| Canada | International Merchandise Trade | ||
| China | Imports (YoY) | ||
| China | Exports (YoY) | ||
| China | Trade Balance USD | ||
| China | FDI - Foreign Direct Investment (YTD) (YoY) | ||
| Germany | Trade Balance s.a. | ||
| Japan | Merchandise Trade Balance Total | ||
| Japan | Exports (YoY) | ||
| Japan | Imports (YoY) | ||
| Japan | Current Account n.s.a. | ||
| New Zealand | Exports | ||
| New Zealand | Trade Balance NZD (YoY) | ||
| New Zealand | Imports | ||
| United States | Goods and Services Trade Balance |