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.|
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
On Monday, gold headed south in European trade, making its way toward a three-week minimum after American congressional leaders came to an agreement to fund the government via the fall, thus easing worries as for a shutdown of the federal government…
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…