The assets wrap: the best, the worst, and the most volatile
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.
The USD may move on the retail indicators
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.
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The assets wrap: the best, the worst, and the most volatile
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.
AUD: up for a rise?
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CB Consumer Confidence index will be announced at 17:00 MT time on Tuesday.
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