Russian-Ukrainian conflict is influencing every economic aspect…
Australian Retail Sales
|Tuesday, May 8, will be a busy day for the Australian dollar. Retail sales figures will come out at 4:30 MT time. Retail sales provide good insight into the nation’s economic activity, so positive data may support the AUD and will not let it plunge during the RBA’s outlook. This will create a great trading opportunity during the Asian session.|
As Europe moves into recession, next week may provide us with some amazing trading opportunities. Here they are!
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.