Add a header to begin generating the table of contents

    News of Friday, November 18

    Retail Sales GBP: The retail Sales released by the National Statistics measures the total receipts of retail stores. Monthly percent changes reflect the rate of changes of such sales. Changes in Retail Sales are widely followed as an indicator of consumer spending. Generally speaking, a high reading is seen as positive, or bullish for the GBP, while a low reading is seen as negative or bearish. We expect a third consecutive month-on-month fall in sales as the cost of living squeeze continues to bite.

    ECB President Lagarde Speaks EUR: As part of her job in the Governing Council, Lagarde holds press conferences in detailing how the ECB observes the current and future state of the European economy. Usually, a hawkish outlook is boosts the euro, while a dovish one weighs on the common currency.

    Existing Home Sales USD: It is a leading indicator of economic health because the sale of a home creates a widespread ripple effect. Housing numbers will be soft, which could lead to a weaker dollar, due to rapidly rising mortgage borrowing costs that have dampened demand.

    Leave a Comment

    Your email address will not be published.

    Related Articles

    Friday News December 2

    BOJ Gov Kuroda Speaks JPY: Kuroda as the head of the Bank of Japan, which controls short-term interest rates, has an important influence on the

    Wednesday News December 1

    CPI CHF: While the European Central Bank considers its next interest rate move, the Swiss National Bank must also decide how much to raise interest

    Wednesday News November30

    CORE/CPI Flash Estimate EUR: The euro zone is likely to experience a second double-digit inflation in November, according to analysts’ forecasts ahead of the release

    Tuesday News November 29

    GDP CAD: Canadian retail sales are expected to decline for the second time in the third quarter after not falling in the first half of