MARKET UPDATES
The Australian dollar weakened because of the bigger-than-expected unemployment rate…
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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Market updates on June 11
On Tuesday, the improved market sentiment supported risky assets such as stocks, emerging-market currencies, and crude oil.
Important events this week will bring us!
Major events that affect markets in the upcoming days
Latest news
British inflation tacks on for the first time this year
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
Evergreen buck heads north
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
Gold sinks on soaring greenback
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
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