Market Focus

On Friday, December 15, 2017, the economic calendar will not be marked by a significant news background, among which is the data on sales in the manufacturing sector of Canada. This indicator is a key indicator of the strength of the manufacturing sector in Canada.

According to the forecast, in October, sales growth will be 0.2%, which is lower than the previous value at 0.5%. In case of data release within the forecast, the Canadian dollar will be under some pressure, and  the Canadian may be reduced within 20-30 points against competitors.

Alexander Sivtsov