
Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!
The USA will publish retail sales and core retail sales on November 17, at 15:30 MT time.
Instruments to trade: EUR/USD, USD/JPY, GBP/USD
In general, the indicators of retail sales demonstrate a change in the total value of sales by consumers and businesses. They help to understand current consumer demand and suggest whether the economy is heading towards expansion or contraction. Traders take into account not only the headline indicator but also the core one. The latter is calculated without volatile automobile sales, making figures more accurate. Based on the data published, we may propose the further destiny of the USD. Last time, both headline (+1.9%) and core (1.5%) indicators outperformed the forecasts. This news pushed the US dollar higher in a short term.
Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!
The US will reveal Non-farm payrolls on January 7, Friday, at 15:30 GMT+2 (MetaTrader time).
The US will publish the Retail Sales on January 14, Friday, at 15:30 GMT+2.
The US Markit will publish Flash Manufacturing and Flash Services PMIs (purchasing managers' indices) on June 23 at 16:45 GMT+3.
The Fed Chair Jerome Powell will testify on the Semi-Annual Monetary Policy Report before the House Financial Services Committee on June 22-23 at 17:00 GMT+3.
Canada will publish Retail Sales and Core Retail Sales on June 21 at 15:30 GMT+3.
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