Previous Trading Days Events 19.07.2024

British retail sales volumes fell by more than expected in June. Sales volumes dropped by 1.2 last month after a 2.9 jump in May. While wages are now rising more quickly than inflation, it has slowed recently and held at the Bank of Englands 2 target last month.

However, underlying inflation pressures have diminished hopes among investors for an interest rate cut on Aug. 1, the date of the BoEs next scheduled monetary policy announcement.

Source httpswww.reuters.combusinessretailconsumerukretailsalesfell12juneonssays20240719

Canadian retail sales fell by 0.8 in May from April led by lower sales at food and beverage retailers. Sales were likely down 0.3 in June, the agency said in a flash estimate. In May, sales were down in eight of nine subsectors, representing 73.1 of retail trade. In volume terms, retail sales decreased 0.7.

Source

httpswww.reuters.commarketscanadamayretailsalesdown08groceriesseendown03june20240719

Winners vs Losers

Gold is moving upwards early this week marking 0.17 gains and leading this month with 3.43 performance so far. The USD strengthened for 2days in a row causing USDCAD and USDCHF to move to the top of the weeks list.

News Reports Monitor Previous Trading Day 19.07.2024

Server Time Timezone EEST UTC 0300

Midnight Night Session Asian

No important news announcements, no special scheduled figure releases.

Morning Day Session European and N. American Session

At 900 the U.K….