Market focus

On Wednesday, October 16, the economic calendar will peak in data saturation, among which inflation reports will take the lion’s share.

At the start of the day, it is worth to highlight an inflation data in New Zealand.
At the European trading session, market attention will be focused on inflation data in the UK and the eurozone, which will have a significant impact on national currencies.
At the American trading session retail sales and oil inventories in the United States will be published. An inflation report in Canada will also be released, having a significant impact on the Canadian dollar.

Hanzenko Anton

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