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What is it? 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.

When? At 8:30am eastern time.

Trading Tip: If the actual number is higher than the forecast, you can expect the CAD to rise.

 

 

 

 

 

 

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What is it? It's among the primary methods the BOJ uses to communicate with investors regarding monetary policy. It covers the factors that affected the most recent interest rate decision, the overall economic outlook, inflation, and clues regarding future monetary policy.

When? At 2:31am eastern time. 

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the JPY to rise.

 

 

 

 

  

Ask us about our FREE financial advice program: ChatButton

 

Other Top Stories:

Technical Analysis Lesson 1 - Introduction

This is how our trades look after the NFP announcement

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Facts about money you didn't see coming!

  1. US debt is 10 times larger than all the US$ in circulation

     

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