U.S. October Retail Sales Fall
U.S. October Retail Sales Fall
October retail sales came in much weaker-than-expected falling 2.8% in the month. This was much weaker than the 2.1% drop expected within financial markets and more than double the downwardly revised 1.3% decline recorded in September. (September was originally reported as down 1.2%).
A sizeable decline in nominal retail sales was […]
Canadian Housing Starts Fall 7.46% For The Year
Canadian Housing Starts Fall 7.46% For The Year
CAD Housing Starts (Oct) Actual 212k, Expected 202k, Previous 218k
Release Explanation: This report covers the number of new residential Starts reported on an annualized basis. The report act as a leading indicator on housing market sentiment and the overall economy because they have an important influence on new […]
Why Non-Farm Payrolls Could Fall by 300K
Why Non-Farm Payrolls Could Fall by 300K TODAY’S BIGGEST PERCENTAGE MOVERS AUD/JPY (-285 pips or -4.23%) NZD/JPY (-215 pips or -3.45%) CAD/JPY (-301 pips or -3.39%)THE STORIES IN THE CURRENCY MARKET USD: Why Non-Farm Payrolls Could Fall by 300KEUR: Another 50bp Rate Cut Expected from the ECBGBP: Risk of 1% Rate Cut from BoECAD: Oil […]