Forex Consulting

Canada October retail sales +1.5% m/m vs +0.3% expected

October 2017 Canadian retail sales data – was +0.1% (revised to +0.2%) – Estimates ranged from +0.1% to +0.6% – Ex autos +0.8% vs +0.4% expected – Prior ex autos was +0.3% (revised to +0.4%) New car sales were very strong, up 3.9% in the month but even cutting out some skews, sales were very strong.…

Forex Consulting

US crude oil futures settle at $58.36

Up $.27 or 0.46% The US crude oil futures are settling the day at $58.36. That is up $.27 or 0.46%.  The close is just off the high for the day Yesterday crude oil inventories fell by a greater than expected -6495K vs -3150K estimate.  It was the 5th consecutive decline in inventories. Copyright 2015…