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Big morning of data greets North American traders

It will be a lively day in North America with a pair of top-tier economic indicators coming up at the bottom of the hour. The duo of US retail sales and Canadian CPI are coming up and will certainly be market movers.Watch the 'retail control' line, which is expected up 0.3% but estimates stretch down to -0.1%, with BofA at the bottom of the list. That's notable because they use their own credit card data to help them forecast.On the Canadian side, CPI is forecast up 0.3% m/m and 3.0% y/y. An und... Read More

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Posted: Jul 18 2023, 12:11

Author Name: forexlive

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