Trading news

Expert's opinion from FXFinPro

US retail sales rose by 0.2%

Today was published important statistics on retail sales in the United States, which in November rose by 0.2%, in line with analysts' forecasts. At the same time, retail sales excluding auto sales increased by 0.4%, which is 0.1% better than analysts' expectations. It is worth noting that the producer price index increased in November by 0.3%. These indicators point to improvements in the economy of America and increase the likelihood of the Fed raising interest rates on Wednesday. We maintain a medium-term negative outlook for the euro with the objectives of 1.02 and 1.05, but do not rule out its growth in the next week.

More detailed analytics you can see at our site https://fxfinpro.com/en/analytics

 

Friday, 11 Dec, 2015 / 2:20

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news

 

US PPI Rises Slower In June

Producer prices data from the US released on Friday saw a slower pace of [...]

Posted on Monday, 15 Jul, 2019 / 12:39 under

COT: Speculators cut longs in oil and gold; Record copper short

The weekly Commitments of Traders (CoT) reports covering the week to July 9. [...]

Posted on Monday, 15 Jul, 2019 / 9:09 under

Oil prices grow by 5% on tropical storm

Oil shows strong growth this week. Bulls managed to get over the level of [...]

Posted on Monday, 15 Jul, 2019 / 8:38 under