US data for 19 April

US data calendar for 19 April

Diddly squat. Not a bean. However in US MKII i.e Canada we have the following at 12.30 GMT

Mar CPI

• 0.2% exp from 1.2% prior m/m
• 1.0% exp from 1.2% prior y/y
• BOC core cpi 0.2% exp from 0.8% prior m/m
• BOC core y/y Unch exp at 1.4%
• Wholesale sales exp 1.0% from 0.3%

There will be some focus on this release as the expected drop in inflation will not help the BOC’s efforts to get inflation to around their 2% target.

Just to reiterate for the loonie traders. Bids are down at 1.0230 and more below at 1.0200. Topside offers at 1.0300.