Today's economic data present crucial insights into the Canadian and Japanese economies. Key figures such as inflation rates and trade balances play a significant role in determining currency strength and economic stability. With high-impact data expected, market participants should brace for potential volatility as these numbers could influence monetary policy and investor sentiment.
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Balance of Trade (Sep) | 2025-10-21 23:50:00 | -242.5B | N/A | 22B | N/A | High |
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Inflation Rate YoY (Sep) | 2025-10-21 12:30:00 | 1.9% | 2.4% | 2.3% | +0.5% | High |
| CPI (Sep) | 2025-10-21 12:30:00 | 3% | 3.1% | 3% | +0.1% | High |
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Japanese Yen: The expected improvement in the trade balance is supportive of the JPY, likely enhancing its attractiveness on the global stage.
โ ๏ธ Canadian Dollar: Rising inflationary pressures may lead to a hawkish stance by the Bank of Canada, providing supportive prospects for the CAD.