#WeeklyCryptoNews
Bitcoin is plunging. Negative comments in the media and stricter regulations continue to weight on the cryptocurrency.
Canada’s CPI & Retail Sales
| Canada will release CPI and retail sales figures at 15:30 MT time on October 20. |
| Recent economic figures from Canada were quite positive. Annual inflation rate continued to accelerate in August with a boost from higher costs for gasoline, hotels and airline tickets. CPI growth accelerated to 1.4% from 1.2% in July. The nation’s retail sales rose more than expected in July as consumers spent more on new cars, food and alcohol. |
| It’s time to see whether Canadian economy once again shows good results. The stronger figures we get, the better it will be for the CAD. |
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