Analysis

Canadian Retail Sales & CPI [Video]

A couple of Loonie Dollar movers are on the agenda for this week’s final trading day, so let’s take a closer look. UK Public Sector Finances for September are out first at 8:30 in the morning. Borrowing excluding public sector banks was 6.8 billion pounds in August, which is the highest level for this month in two years. Then we have a couple of Loonie Dollar shakers at a half past noon GMT, including Consumer Price Index for September. The index slipped by one tenth of a percent month on month in August after jumping by a half a percent in July. Retail Sales stats for August will be available at the same time. Sales rose by point 3% to almost 51 billion Canadian Dollars in July on higher sales at food and beverage stores and gasoline stations. US Existing Home Sales for September wrap up this agenda at 2 PM GMT. Sales stood at 5.34 million in August with a median sales price of close to 265 thousand US Dollar. I’m Jack Everitt and that’s all for Friday’s Economic Calendar. Bye for now.

 

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