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Analytics from experts
CAC 40: general review
The CAC 40 index is trading with increased volatility on the backdrop of a number of major components reporting.
Retail Sales. EU, 11:00 (GMT+2)
At 11:00 (GMT+2), data on the volume of retail sales in the Eurozone for June will be published. Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level based on a sample of stores of different types and sizes. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity, including GDP. Sales are expected to rise by 5.9% MoM and to decline by 0.5% YoY.
USD/CAD: dollar remains under pressure
Today during the Asian session, the USD/CAD pair declines, renewing record lows since the end of February 2020. Now the instrument has lost about 0.23% and is trying to consolidate below 1.3300.
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