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FXPrimus has summarized the important market indicators of the week.

THIS WEEK’S INDICATORS

Markets were somewhat mixed last week despite global tensions amid encouraging signs on trade policy.

US and the European markets were steady while the British Pound remained bullish.

Oil rose to a fresh multiyear high and Gold was rejected at a strong resistance at $1365.

DOLLAR INDEX WEEKLY CHART

April 16th, MONDAY

US Retail Sales of great interest today, past reports weak.

In today’s session, there aren’t many important data releases apart from the US Retail Sales.

Retail Sales have been weak over the past few reports while wages have been increasing.

Census Bureau will deliver this month’s numbers at 12:30 GMT.

April 17th, TUESDAY

Focus remains on global politics but Tuesday’s indicators likely to dominate markets intraday.

Early on Tuesday markets are expecting the RBA Minutes from last week’s meeting as well as the Chinese GDP figures.

In the London session, the Office for National Statistics will release UK’s Average Earnings Index and markets also expect the German ZEW Economic Sentiment as well.

During the US session, Census Bureau will deliver the US Building Permits, an indicator that will be followed by three FOMC Member’s speeches until the end of the trading day.

April 18th, WEDNESDAY

Emphasis on UK, EU and Kiwi Inflation, and Bank of Canada Interest Rate decision.

The Office for National Statistics will release UK’s CPI on Wednesday at 08:30 GMT while the European report will eventuate thirty minutes later.

At 14:00 GMT, the Bank of Canada will publish its latest interest rate decision which will be followed by a press conference.

Between the two, EIA will release the weekly oil inventories. Closer to the end of the session, Statistics New Zealand will deliver its own CPI figures.

April 19th, THURSDAY

Economic indicators and government official’s speeches likely to add volatility.

Investors will shift focus on the Australian Jobs report early on Thursday.

In Europe, traders may find opportunities as the Office for National Statistics will provide the figures indicating the change in the total value of inflation-adjusted sales at the retail level.

Thursday has a number of speeches from four official bank members too, so activity in the markets is likely to be high at spread through the day.

April 20th, FRIDAY

Canadian Inflation to have investors locked in following a 3-Year high in February.

The closing of the week will find investors trading the Canadian Inflation as an upside surprise pushed CPI to a three year high in February, and this has managed to draw a lot of attention.

With Retail Sales being released concurrently on Friday, the data are likely to shape the Canadian Dollar exchange rate for the week ending 20 of April.

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