FX Week Ahead: US Retail Sales, FOMC Minutes, CPI from NZ, UK, & Japan

Talking Points:

– As concerns crop up about the state of the US economy and whether or not the Federal Reserve may be tightening policy too quickly, upcoming retail sales figures and September FOMC meeting minutes will generate volatility across USD-pairs on Monday and Wednesday, respectively.

– Rising interest rates have sparked weakness in equity markets across the globe this week, and more signs that inflation is heating up could reignite another wave of higher yields in developed economies.

Retail traders remain mostly net-short the US Dollar, which suggests a further rebound in the coming days.

Join me on Mondays at 7:30 EDT/11:30 GMT for the FX Week Ahead webinar, where we discuss top event risk over the coming days and strategies for trading FX markets around the events listed below.

10/15Monday | 12:30 GMT | USD Advance Retail Sales (SEP)

Consumption is the most important part of the US economy, generating nearly 70% of the headline GDP figure. The best monthly insight we have into consumption trends in the US might arguably be the Advance Retail Sales report. In September, according to a Bloomberg News survey, consumption

Article source: https://www.dailyfx.com/forex/fundamental/article/5_key_events/2018/10/12/FX-Week-Ahead-US-Retail-Sales-FOMC-Minutes--CPI-from-NZ-UK-Japan.html