What to expect on July 15-19

US retail sales and core retail sales (Tue, 15:30 MT (12:30 GMT time)) – According to analysts, both headline and core retail sales will advance by 0.1%. Higher figures will boost the USD.
Speech by the Fed Chair Jerome Powell (Tue, 20:00 MT (17:00 GMT time)) – If Mr. Powell provides supportive comments for the USD this time, the US dollar will go up.
British CPI (Wed, 11:30 MT (8:30 GMT time)) – The indicator is expected to increase by 2%. If the actual release outperforms the forecasts, the GBP will rise.
Australian jobs data (Thu, 4:30 MT (1:30 GMT time)) – Analysts anticipate the slowdown in the employment change (from +42.3K last time to +9.1K) and the stable level of the unemployment rate at 5.2%. If the actual figures of employment change are higher and the unemployment rate is lower than the forecasts, the Australian dollar will move up.
Canadian core retail sales (Fri, 15:30 MT (12:30 GMT time)) – The indicator is forecast to increase by 0.3%. Greater figures will be positive for the loonie.

Hot news:

After the release of Chinese GDP growth showed the slowdown, reaching only 6.2%, US President Donald Trump tweeted that China wants to make a trade deal soon.

Ekaterina Gorbatenko

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