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CBI Retail Sales Index. UK, 13:00 (GMT+2) 28 Oct

28Oct.202412:00

CBI Retail Sales Index. UK, 13:00 (GMT+2)

At 13:00 (GMT+2), data on the retail sales volume index from the Confederation of British Industry (CBI) for October will be published in the UK. The indicator is calculated based on data on 20.0 thousand outlets, including retail and wholesale trade. Its value above 0.0 indicates an increase in sales volumes, below 0.0 shows a decrease. The indicator is expected to increase from 4.0 points to 5.0 points. The implementation of the forecast may support GBP.

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Retail sales. Canada, 14:30 (GMT+2)
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At 14:30 (GMT+2), Canada will release its August retail sales data, which measures the volume of all goods retailers sold based on a sample of retail store types and sizes. The figure is a key indicator of consumer spending and has a significant impact on gross domestic product (GDP). It may slow from 0.9% to 0.5%, putting pressure on the Canadian dollar.

Dallas Fed Manufacturing Business Index. USA, 16:30 (GMT+2)
28 Oct. 2024 15:30
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At 16:30 (GMT+2), October data on the index of business activity in the manufacturing industry from the Federal Reserve Bank (FRB) of Dallas will be published. The indicator reflects the state of business activity in the manufacturing industry in Texas and is calculated based on a survey of purchasing and supply managers of the state's leading enterprises in all industries. The attitude of managers toward the current economic situation and prospects for future development is evaluated. The index is considered a leading indicator for national data. It is expected to grow from ˗9.0 points to ˗1.0 points. If the forecast proves to be true, this may render support to USD.

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