
The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
The United States will release the headline and core retail sales at 15:30 MT on November 15.
The indicators represent the change in the total value of sales at the retail level. The difference of the core indicator from the headline one is that the former excludes automobile sales due to their high volatility. Last time both of the indicators came out lower than the forecasts. While advance retail sales dropped by 0.3% (vs. the anticipated increase by 0.3%), the retail sales without autos fell by 0.1% (vs. +0.2% expected). The disappointing figures pulled the USD lower. Let’s see how the release affects the USD this time.
• If the indicators are greater than the forecasts, the USD will rise;
• If the indicators are weaker than the forecasts, the USD will fall.
The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
We prepared an outlook of major events of this week. Check it and be ready!
Here you'll find what awaits the market this week, from the CPI release to a possible gold plunge.
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!