- This is a busy week ahead for China, following inflation data over the weekend. New loans data is out tomorrow, followed by key industrial production figures on Wednesday. The latter is predicted to be just below last year’s figures, and any deviations from this could cause upset in the renminbi’s performance.
- The Canadian economy starts off the week in relative quietude, with no data of major significance due until Thursday. The new house pricing index, predicted come out slightly better than last week’s, could have a slight effect on the market. Manufacturing sales figures on Friday will have the biggest effect on Canadian dollar strength, particularly if it falls below expectations for a third month running.
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