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| 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. |
French quarterly surge is expected to strengthen in the first half of 2019 because consumer spending derives benefits from improving household incomes as well as reviving business confidence after protests at the end of 2018…
In January, new orders for American goods shot up less than anticipated, tamed by dives in orders for computers as well as electronic products, which is another sign of decelerating manufacturing activity…
The Federal open market committee (FOMC) will make its monetary policy statement and announce the interest rate on March 20, 20:00 MT time.
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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