Upcoming macroeconomic events, April 2017
Do you write or edit portfolio manager commentaries? Do you want to stay on top of the macroeconomic events that shape your day-to-day life as a financial services marketer?
If so, here are the big macro events that the Ext. Marketing team is keeping an eye on over the coming weeks.
- Canada’s consumer price index (“CPI”) and retail sales will be announced on April 21 and April 26, respectively. CPI and retail sales impact inflation (or deflation). Both measures will garner attention from the Bank of Canada (“BoC”) ahead of its next rate decision
- Canada will announce its real gross domestic product (“GDP”) for February on April 28. Real GDP measures the value of economic output adjusted for inflation, giving investors an understanding of the overall strength of the Canadian economy. Canada has experienced a recent string of positive economic data
- Also on April 28, the U.S. will announce its first quarter advance GDP. This measure will give investors an early reading on the overall strength of the U.S. economy during the first quarter
- Europe will announce its first quarter GDP on May 3. Positive economic data coming from many developed and emerging markets could have a beneficial impact on Europe’s GDP growth, which has been largely supported by central bank stimulus measures
- Canada and U.S. unemployment rates for April will be announced on May 5. A declining unemployment rate is indicative of an improving economy and business sentiment. More people working also leads to higher consumption and savings – important factors in growing GDP
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