The activity data is centred on 3 indicators: industrial production, retail sales and fixed asset investment. A beat for retail sales (a consumption indicator rising is good news for China). Urban Unemployment (in 31 major cities) 5.0% vs prior 5.0% This article was written by Eamonn Sheridan at www.forexlive.com. لینک منبع : هوشمند نیوز
Share: The NZD/USD has bounded back into the top end after broader markets went risk-on. Tuesday saw safe havens go broadly lower as investors stepped out post-US CPI. Up Next: US PPI, Retail Sales slated for Wednesday. The NZD/USD has ripped higher after gaining almost 2.6% from Tuesday’s lows. The Kiwi (NZD) saw its
Card retail sales -0.7% m/m in October Card retail sales -2.0% y/y New Zealand households have been slammed by the long cycle of interest rate hikes by the Reserve Bank of New Zealand. Which, of course, is a feature not a bug in the battle to drive down inflation. لینک منبع : هوشمند نیوز
British Retail Consortium data for October 2023. Like-for-like sales data strips out the impact of changes in store size. +2.6% y/y expected +2.4%, prior +2.8% Total sales +2.5% y/y (three month low) 2.7% in September “Many houseolds are also delaying their Christmas spending in the hopes they can grab a bargain in the upcoming Black
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© Reuters. The exchange rate experienced a downturn today, impacted by strong Australian retail data and concerns about the UK economy. This follows last week’s dip in the currency pair due to disappointing UK labor market indicators and anticipation of a rate hike by the Reserve Bank of Australia (RBA). Australia’s robust retail data, indicative
Share: Australian Dollar’s strength is reinforced by stronger Retail Sales. Australia’s Retail Sales surged to 0.9%, significantly higher than the market consensus of 0.3%. US and China have agreed on a meeting between Presidents Joe Biden and Xi Jinping in November. US Dollar encountered a challenge after a moderate Core PCE Price Index data on Friday.
Share: AUD/USD holds positive ground around 0.6339 in early Monday. US Core PCE eased to 3.7% YoY vs. 3.8% prior, the headline PCE remain unchanged at 3.4%. Markets anticipate the Reserve Bank of Australia (RBA) to raise the cash rate at its meeting on November 7. The Fed rate decision this week will
Share: Pound Sterling dropped after data showed that UK Retail Sales declined by almost 1% in September. The decrease in Retail Sales suggests a weakening household’ spending, which is the main driver of the UK economy. The Bank of England is widely expected to leave interest rates unchanged. The Pound Sterling (GBP) retreated after the
Share: Mexican Peso stays defensive, posting over 1% weekly loss vs. the US Dollar. August Retail Sales in Mexico show a mixed picture, with gains over the year but a monthly plunge and signs of deceleration. Geopolitical risks cap Peso’s gains, including tensions in the Middle East and US military base attacks. Mexican
