(Upd) Focus of trading news on Erste News
During the week of October 14-18, the following news are expected to be traded on Erste News:
October 15:
At 11:30 – an employment report in the UK will be published. Expectations regarding it remain very restrained, despite a significant increase in wages and a decrease in the number of applications for benefits.
On October 16, the day is full of data on Erste News:
At 11:30 – an inflation data in the UK will be announced. It is expected to be restrained by the growth of the target consumer level. At the same time, this indicator will continue to have a significant impact on the British pound.
Also at 15:30 – an inflation report in Canada will be published. Inflation expectations in Canada remain very restrained, but noting the slowdown of this indicator last month. These forecasts can be very underestimated.
17 October:
At 11:30 – data on retail sales in the UK will be released. This indicator is a leading indicator of inflation in the country and has a significant impact on the market. And given the slowdown in inflation in the UK, even a slight slowdown in this indicator can be regarded as a very negative signal.
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