Canada retail sales Friday’s Canadian retail sales report for September far-surpassed expectations at +0.6% compared to a flat reading expected. In addition, the advance reading for October was +0.8% in a sign of even-more strength. CIBC highlights a contrast in consumer spending patterns in the report. While auto sales surged, there was a noticeable dip
ECB’s Muller is chatting late on Friday in Europe saying: Inflation is clearly showing a trend of slowing We probably do not need to increase rates anymore. High ECB rates are smaller problem than high inflation. This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز
Share: The Reserve Bank of Australia (RBA) Assistant Governor (Financial Markets), Christopher Kent, did not sound keen on further rate hikes and said that monetary policy is slowing the growth of demand, and inflation. Additional Quotes via Reuters: Policy lags mean some further effects of past rate hikes are still to be felt
