Core Retail Sales (CAD) – 22/10

What is it? It check the change in the total value of sales at the retail level, excluding automobiles.

Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends.

Usual Effect: If the number is higher than the forecast, you can expect the CAD to rise.

When? October 22nd at 8:30am Eastern Time.

 

Trading Tip: This announcement can greatly affect the CAD, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

Coca Cola are Going to Drop Prices

MPC Official Bank Rate Votes

MPC Asset Purchase Faciliy Votes

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

Please publish modules in offcanvas position.