US retail sales kick off a busy day on the economic calendar
globalreutersNovember 15, 20241 Mins read Retail sales are are the highlight of the day as we wind down a busy week with a handful of notable releases.
The top one comes early with the 8:30 am ET (1330 GMT) release of US retail sales. The headline consensus is +0.3% but eyes are on the control group, which is also forecast up 0.3%. The dollar is on the backfoot at the moment and a soft reading should further weigh.
That’s not the only report at the bottom of the hour as we also get:
- US import/export prices
- Canadian manufacturing sales
- Canadian wholesale trade
Those aren’t market movers but we get October US industrial production at 9:15 am ET and the Bank of Canada senior loan officer survey at 10:30 am ET.
On the Fed docket — with the market still digesting Powell from yesterday — we get Collins at 9 am ET and again at 10:30 am ET followed by Williams at 1:15 pm ET.
This article was written by Adam Button at www.forexlive.com.
Related Articles
BOC senior loan officer survey: 1.71% vs 6.85% prior
This is a lower-tier indicator but something the Bank of Canada is...
Fed’s Collins: Won’t take a December easing off the table, doesn’t see big urgency
Economy is in a very good place right nowNo preset path for...
ECB’s Cipollone: We can and should reduce the level of monetary policy restriction
The pace and extent of reduction will depend on dataDevelopments remain consistent...
Putin told Scholz peace agreement should proceed from new territorial realities
A report today showed that Russia cut off natural gas exports to...
Leave a comment