Housing Starts. Canada, 15:15 (GMT+2)

Housing Starts release is due at 15:15 (GMT+2) in Canada. The Canada Mortgage Building Index reflects the number of single-family housing projects that have begun. Construction volumes are closely related to the incomes of the population, and therefore the growth of the indicator signals a general improvement in the welfare of the economy and its growth. A high value generally has a positive effect on the CAD rate, while a low value is a negative factor for a currency.

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