
When will the US go bankrupt? Will it start the market crash unseen before? We have plenty to share with you, so let’s get started.
Canada will publish the Retail Sales and Core Retail Sales on October 22, at 15:30 MT time (GMT+3). These indicators represent a change in the total value of sales at the retail level.
The indicators measure the level of consumer spending that accounts for the majority of overall economic activity. Based on these figures the central bank decides whether the economy is expanding fast enough to raise the interest rate.
During the previous release, both retail sales and core retail sales declined. However, their declines were smaller than analysts expected: -0.6% for retail sales and -1% for core retail sales. As a result, the Canadian dollar gained strength.
Follow the economic calendar and compare the actual figures with the consensus given.
Instruments to trade: USD/CAD, EUR/CAD, CAD/JPY
When will the US go bankrupt? Will it start the market crash unseen before? We have plenty to share with you, so let’s get started.
It’s Wednesday, the froggy day for the whole internet. Here’s news that moves the market:
The US Consumer sentiment will shake the market today. We are back with more news for you to enjoy!
The situation on the labor market still looks optimistic. Today we expect the Unemployment rate data. 3.5% is expected.
The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.
About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.
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