
Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!
The levels of retail sales and core retail sales for the US will be released on February 14 at 15:30 MT time.
Retail sales represent the total value of sales at the retail level. This indicator is also a good measure of consumer spending, which shows the overall economic activity of the country. As for the core level, it does not include automobile sales. If this time the releases are higher than the predictions, the USD will be supported.
• If the indicators are higher than expected, the USD will rise;
• If the indicators are lower than expected, the USD will fall.
Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!
ECB is ready to take the decision about the key rate. What to expect from officials? Oil prices are high, and economy indicators demonstrate the slowing down in the strongest European economies.
The Fed is going to take a decision about the interest rate. This is the crucial news for the following week. What's going on in the markets and what to expect?
Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.
In today's market insights, we delve into Citibank's oil price predictions, the evolving competition between Huawei and Apple, the Saudi Arabia-Tesla partnership, and the upcoming rate decisions from the world's major central banks.
It will be the hottest week of September, with four central banks’ meetings, five PMI releases, and a lot to trade.
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!