Trading the News: Canada Retail Sales A 0.6% rebound in Canada Retail Sales may spark a bullish reaction in the loonie and lead to a near-term pullback in USD/CAD should the data print highlight an improved outlook for growth and inflation. What’s Expected: Why Is This Event Important: Even though the Bank of Canada (BoC) keeps the door open to further embark on its easing-cycle, a marked pickup ...
Retail sales in Australia came in flat in July, on a seasonally adjusted basis, the Australian Bureau of Statistics said on Thursday. more...
Trading the News: U.K. Retail Sales Another contraction in U.K. Retail Sales may dampen the appeal of the British Pound and drag on GBP/USD as signs of a slowing recovery provides the Bank of England (BoE) with increased scope to retain the record-low interest rate throughout the near to medium-term. What’s Expected: Even though BoE warns that the next policy move will be to normalize monetary policy, the ...
Trading the News: U.K. Retail Sales The U.K. Retail Sales report may produce headwinds for the British Pound and drag on GBP/USD as signs of a slowing recovery provides the Bank of England (BoE) with greater scope to further delay its normalization cycle. What’s Expected: Why Is This Event Important: Even though BoE argues that the next policy move will be to lift the benchmark interest rate ...
Janet Yellen and Glenn Stevens speeches, US Crude Oil Inventories, Unemployment Claims, Retail Sales and Consumer Sentiment. These are the main market movers for this week. Janet Yellen speaks: Wednesday, 15:00. Federal Reserve Chair Janet Yellen will testify on the Semiannual Monetary Policy Report before the House Financial Services Committee, in Washington DC. Yellen may explain the Fed’s decision to leave rates unchanged on its ...
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