Retail sales is the big one to watch The Canadian calendar is empty on Friday but there will be non-stop US data points and news to close out the week starting with retail sales.
According to a report by the Financial Times here ForexLive It’s a bit of a doom and gloom report and that has sent the pound a little lower on the day. Cable has dipped a little from 1.3120 to 1.3108 currently, but it’s not anything new in my view. The current sentiment still remains in…
Big jump in the current estimate The Atlanta FedGDPNow estimate has risen to 4.4% from 3.8% last. In their own words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is on September 14, up from 3.8 percent on September 11. The nowcast of third-quarter real personal…
Trump campaign manager to take a plea, will forfeit everything Manafort has agreed to give up virtually all his assets. Paul Manafort has accepted a plea deal on two counts — a federal conspiracy charge, as well as a count of conspiracy to obstruct justice, according to various reports.
EU Brexit negotiator Raab and Barnier spoke earlier today on the phone. Raab also said there were differences but both said the dialogue has been useful and that discussions will continue.
August preliminary University of Michigan consumer sentiment These numbers push sentiment back near the highs of the year. ForexLive Current conditions:
Last month 0.1% Later today, the Atlanta Fed and the NY Fed will release their current estimates for third-quarter GDP. ForexLive
Busy headlines at the top of the hour The preliminary reading on University of Michigan consumer sentiment is due at the top of the hour, along with business inventories and a speech from the Fed’s Rosengren.
Small changes on the opening The US major stock indices are opening little changed: The futures were implying higher levels earlier in the pre-open session. So it is a little disappointing for the longs.
Freeland to take the weekend off Negotiations appear to be stuck. ForexLive