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The USA will post Retail Sales and Core Retail Sales on May 14, at 15:30 MT time. The indicators measure the change in the total value of sales at the retail level. The core release excludes automobile sales due to their high volatility. Last month, both of them impressed bulls of the USD with strong figures. While the headline indicator advanced by 9.8%, the core one showed a solid improvement of +8.4%. Will the situation be different this time?
Check the economic calendar for forecasts, and follow the steps below:
Instruments to trade: EUR/USD, GBP/USD, USD/JPY
Wednesday will please traders as many economic indicators will be out! The USA, UK, and Euro Area will release PMI reports on June 23 from 10:15 to 16:45 MT.
Last week the USD soared versus other major currencies, while gold headed for the biggest weekly loss in 15 months. Let’s see what new moves await us this week!
The US dollar has surged to levels unseen since April after the Fed's decision back on Wednesday. Gold has reversed up from the local dips. Still, this week was the worst for gold in more than a year.
The Bitcoin “death cross” has occurred. The S&P 500 rallied the most in five weeks! Crude oil and gold jumped as the US dollar weakened.
Optimistic forecasts on oil prices, nuclear talks with Iran, and upcoming OPEC+ meeting. How to trade oil these days?
Good news for FBS Traders! Top UK stocks have been just added to our platforms: MetaTrader 5 and FBS Trader App.
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