The Consumer Price Index (CPI) for November, which we tracked in Canada, exceeded the expectations and increased by 0.1% monthly and 6.8% annually. The data was expected to come in at -0.1% and 6.7%, respectively. Core CPI, on the other hand, remained unchanged at 0.0% monthly, increasing by 5.8% year-on-year. After the data, there were decreases in USDCAD parity.

In the USA, the Current Account Balance announced for the 3rd quarter showed a deficit of 217.1 billion dollars with a decrease of 9.1%. Current Account Deficit was expected to be $222 billion. The ratio of Current Account Deficit to GDP decreased from 3.8% to 3.4%.

The CBRT will announce the Policy Rate at 14:00 tomorrow. The 9.00% interest rate is not expected to change. The CBRT ended the interest rate cuts it started in August last month.

Second-Hand Housing Sales, which we watched in the USA in November, decreased by 7.7%. On the basis of units, it was realized at the level of 409 thousand. In the previous data, Housing Sales were 443 thousand. Consumer Confidence Index, another important data announced at the same time, rose from 101.4 to 108.3.