Happy Tuesday, dear traders! Here’s what we follow:
5 important events this week will bring us!
Information is not investment advice
- British average earnings index (Tue, 11:30 MT (8:30 GMT) time) – According to the forecasts, the indicator is expected to advance by 3.7%. Higher figures will be positive for the British pound.
- US CPI and core CPI (Tue, 15:30 MT (12:30 GMT) time) – The headline indicator is forecast to increase by 0.3%. At the same time, its core level is expected to increase by 0.2%. Higher-than-expected indicators will push the USD up.
- British CPI (Wed, 11:30 MT (8:30 GMT) time) – As for the British indicator of consumer inflation, it is expected to rise by 1.9%.
- Australian jobs data (Thu, 4:30 MT (1:30 GMT) time) – We anticipate the level of employment change for Australia to boost by 14.2 thousand jobs with the unemployment rate staying stable at 5.2%. Higher figures of employment change and lower unemployment rate are desired for the AUD bulls.
- US retail sales and core retail sales (Thu, 15:30 MT (12:30 GMT) time) – The level of retail sales is forecast to increase by 0.3%, while core retail sales will likely advance by 0.4%.
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The most impactful releases of this week will fill the market with volatility and sharp movements.
Happy Tuesday, dear traders! Here’s what we follow:
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.