US jobless claims are coming out
The USA will publish unemployment claims on October 22 at 15:30 MT time. How to trade after the release?
Pay attention to the important release for Canada
Canada will publish the level of core retail sales on June 21, at 15:30 MT.
The indicator represents the change in the total value of sales at the retail level (excluding automobiles). Last time, it came out higher than the expectations. The indicator increased by 1.7% (vs. the forecast of 0.8%). As a result, the loonie was boosted by the release. This time, we will see core retail sales to advance by 0.6%, according to analysts. Will the indicator outperform the forecasts?
• If the actual level of core retail sales is higher than the forecasts, the CAD will rise;
• If the actual level of core retail sales is lower than the forecasts, the CAD will fall.
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CAD is in focus
Canada’s retail sales will be out on October 21 at 15:30 MT time. Get ready with us for this event!
Start the week with fresh analytics!
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