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Market Opportunities : Week 20-06-2022 - 24-06-2022
USDCAD: Canadian retail sales report is an important economic event in the June 20-24 week. The report is due on June 21 and will be used to gauge the state of Canadian economy after strong May labor market report. In case consumer spending on retail sales shows the forecast 1.8% growth - the USDCAD will get a bearish boost.
GBPUSD: United Kingdom Retail Sales report for May is an important event for forex markets. The UK Office for National Statistics will release the Retail Sales report on June 24. In case the UK retail sales declines less than the expected 0.6% over month after increasing 1.4% the previous month - the GBPUSD will get a bullish boost.
GBPUSD: United Kingdom Retail Sales report for May is an important event for forex markets. The UK Office for National Statistics will release the Retail Sales report on June 24. In case the UK retail sales declines less than the expected 0.6% over month after increasing 1.4% the previous month - the GBPUSD will get a bullish boost.
Key Events to Watch
| Date | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 2022-06-21 | AUD | Reserve Bank of Australia (RBA) Governor Lowe Speech | ||
| 2022-06-21 | CAD | Canada Retail Sales m/m | 1.8% | 0.0% |
| 2022-06-21 | CAD | Canada Core Retail Sales m/m | -1.4% | 2.4% |
| 2022-06-21 | USD | United States Existing Home Sales | 5.47 M | 5.61 M |
| 2022-06-23 | EUR | European Union Leaders Summit | ||
| 2022-06-23 | NOK | Norges Bank Interest Rate Decision | 0.75% | |
| 2022-06-23 | NOK | Norges Bank Press Conference | ||
| 2022-06-23 | USD | EIA United States Crude Oil Stocks Change | ||
| 2022-06-23 | MXN | Bank of Mexico Interest Rate Decision | 7.00% | |
| 2022-06-24 | EUR | European Union Leaders Summit | ||
| 2022-06-24 | GBP | United Kingdom Retail Sales m/m | -0.6% | 1.4% |
| 2022-06-24 | EUR | Ifo Germany Business Climate | 92.3 | 93.0 |
| 2022-06-24 | AUD | Reserve Bank of Australia (RBA) Governor Lowe Speech | ||
| 2022-06-24 | USD | United States New Home Sales | 0.674 M | 0.591 M |
