Post Tagged with: "Core Retail Sales"
Forex Daily Outlook January 24 2012
BOE Gov King Speaks in the UK and Core Retail Sales in Canada are the main events lined up. Let’s see what awaits us today. In the US, Richmond Manufacturing Index, Manufacturer’s Monthly Survey to rate business conditions such as shipments, new orders etc., rise that shows condition improvements by 3 points up to 6
USD/CAD: Trading the Canadian Core Retail Sales
The Canadian Core Retail Sales indicator measures retail sales, excluding automobile sales, which tend to be very volatile and distort underlying trends. A reading which is higher than the market forecast is bullish for the Canadian dollar. Here are all the details, and 5 possible outcomes for USD/CAD. Published on Tuesday at 13:30 GMT. Indicator Background The Core
USD/CAD Outlook January 23-27
The Canadian dollar made nice gains against the greenback for a second week in a row. Will parity be broken now? Retail sales and leading index are the major events this week. Here’s an outlook for the Canadian events and an updated technical analysis for the Canadian dollar. Strong figures were released last week with a surge
Forex Daily Outlook January 12 2012
US retail sales and Unemployment claims are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, important indicator to value the unemployed that are looking for jobs over the last month, rise of 1K is predicted up to 373K. More in the US, Retail Sales, Key consumer spending gauge, expectds
Forex Weekly Outlook January 9-13
2012 began with another leg down for the euro, amid growing worries. The euro-zone’s rate decision is the highlight of the upcoming week. Here is an outlook for the major market movers. Last week weekly jobless claims dropped to 372K continuing the recovery process in the labor market after 387K claims in the prior week.
Forex Daily Outlook December 21 2011
Existing Home Sales in the US and MPC Meeting Minutes in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Existing Home Sales, monthly report to value the inhabited houses that were sold on the last month (the previous month (not including new building), rise
USD/CAD Outlook December 19-23
The Canadian dollar bowed to the greenback’s strength and lost a lot of ground. Inflation data and GDP are the main events. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week BOC Governor Mark Carney made a speech in Toronto asking businesses to boost investments and enter emerging markets. He
US Retail Sales +0.2%, Core Sales +0.2% – Risk Averse Trade Triggered
US retail sales rise by 0.2%, Core Sales by the same scale. This is worse than expected and slower than last month rises of 0.5% and and 0.6%. Early expectations stood on a gain of 0.6% in the headline figure and a rise of 0.5% in the core figure. EUR/USD is dropping in range following
Forex Weekly Outlook December 12-16
The highly anticipated EU Summit provided mixed results, and currencies remained mixed after a volatile week. The focus now moves to the other side of the Atlantic – to the FOMC decision. In addition, we have German ZEW Economic Sentiment, US retail sales, and Unemployment claims as important market movers this week. Here is an
Forex Daily Outlook November 22 2011
FOMC Meeting Minutes in the US and Public Sector Net Borrowing in the UK are the main events lined up. Let’s see what awaits us today. In the US, Federal Open Market Committee (FOMC) Meeting Minutes, full record of the FOMC’s latest meeting that provides financial conditions visions on interest rates. More in the US,