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- Market Opportunities
Market Opportunities : Week 18-04-2022 - 22-04-2022
USDCNH: China’s Gross Domestic Product report for first quarter is the key economic event of the April 18 - 22 week due April 18. The performance of China’s economy is an indicator of the state of global economy also as Chinese production facilities are the main suppliers of manufactured goods for many countries of the world. There is a possibility the GDP report may indicate weaker performance than expected which will be bullish for USDCNH.
GBPUSD: United Kingdom Retail Sales report for March is an important event for forex markets. The Office for National Statistics will release the Retail Sales report on April 22. In case the retail sales does not record a 0.1% growth after contracting 0.3% the previous month - the GBPUSD will get a bearish impulse.
GBPUSD: United Kingdom Retail Sales report for March is an important event for forex markets. The Office for National Statistics will release the Retail Sales report on April 22. In case the retail sales does not record a 0.1% growth after contracting 0.3% the previous month - the GBPUSD will get a bearish impulse.
Key Events to Watch
| Date | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 2022-04-18 | CNY | China Gross Domestic Product (GDP) q/q | 1.6% | 1.6% |
| 2022-04-19 | USD | United States Building Permits | 1.886 M | 1.859 M |
| 2022-04-20 | USD | United States Existing Home Sales | 6.14 M | 6.02 M |
| 2022-04-20 | USD | EIA United States Crude Oil Stocks Change | ||
| 2022-04-21 | GBP | Bank of England (BoE) Governor Bailey Speech | ||
| 2022-04-22 | GBP | United Kingdom Retail Sales m/m | 0.1% | -0.3% |
| 2022-04-22 | CAD | Canada Retail Sales m/m | 0.1% | 3.2% |
| 2022-04-22 | CAD | Canada Core Retail Sales m/m | 1.8% | 2.5% |
| 2022-04-22 | GBP | Bank of England (BoE) Governor Bailey Speech |
