Great Britain will release retail sales for May on June 18, at 09:00 MT time. One cannot underestimate the importance of this indicator.
GDP is the broadest measure of a country’s economic activity and the primary gauge of the economy’s health.
Canadian GDP data differs from that of other countries because it is released on the monthly basis and not just once in a quarter like in the United States or the euro area. As a result, we can get more accurate figures and have a better judgment about what’s happening in Canada.
USD/CAD is quite volatile, so if the figures exceed expectations, the CAD will be able to improve its po
Gold has plunged amid the stronger US dollar as investors await the Fed’s meeting this week.
The greatest sale of Bitcoin continues! It has approached the psychological mark of $30,000. The traders’ focus remains on Thursday’s report on US inflation.
Wednesday will please traders as many economic indicators will be out! The USA, UK, and Euro Area will release PMI reports on June 23 from 10:15 to 16:45 MT.
The Bank of England will release its statement and announce its monetary policy decision at 14:00 MT.
Last week the USD soared versus other major currencies, while gold headed for the biggest weekly loss in 15 months. Let’s see what new moves await us this week!