Wait for the inflation data for the US
Information is not investment advice
The USA will release the levels of CPI and core CPI on August 13, at 15:30 MT time.
Consumer prices represent the change in the price of goods and services purchased by consumers. They are an important part of overall inflation. Central banks rely on this data while making decisions concerning their interest rates. Last time, the headline CPI advanced by 0.1%. The core CPI, which excludes the prices for food and energy, rose by 0.3%.
• If the actual figures are higher than the forecasts, the USD will rise;
• If the actual figures are lower than the forecasts, the USD will fall.
The record-high unemployment claims may pull the USD down
Canada will post an update on change in core retail sales on March 20 at 14:30 MT time.
Economic activity in service sector in the Euro zone and the UK is on its lowest rates since 2009.
Jerome Powell made a rare appearance in the public media this Thursday. What did he bring to the audience?