United States Institute for Supply Management (ISM) will release services Purchasing Managers' Index (PMI) on October 5, 17:00 GMT+3.
Will the indicators bring chance to the USD bulls?
The United States will publish the indicators of retail sales and core retail sales on October 16, at 15:30 MT time. The level of retail sales shows the change in the total value of sales at the retail level. At the same time, its core indicator excludes automobiles from the calculation. Last time, the indicator of retail sales increased by the higher-than-expected 0.4%. Despite that, the level of core retail sales remained unchanged (vs. the forecast of +0.1%). The releases resulted in the mixed performance of the USD. Let’s see if they lead to a different outcome this time.
• If the actual levels of indicators are higher than the forecasts, the USD will rise;
• If the actual levels of indicators are lower than the forecasts, the USD will fall.
The United States will publish the ISM Manufacturing PMI on September 1, at 17:00 MT time (GMT+3).
What will happen? The FOMC statement will be published at 21:00 MT (GMT+3) on Wednesday, July 28…
The United States will release the weekly Unemployment Claims on October 21, at 15:30 MT time (GMT+3).
Great Britain will publish the Inflation Rate on October 20, at 09:00 MT time (GMT+3).
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?