Sterling stuck near 14-month low despite strong retail data (news: 16/08/18)

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Alpari Market Review
Alpari Market Review
Today’s press

Sterling stuck near 14-month low despite strong retail data

LONDON (Reuters) – Sterling languished near 14-month lows on Thursday, and strong British retail sales did little to support the currency hamstrung by fears about Britain leaving the European Union.

Wall St. gains on upbeat earnings, trade talk optimism

(Reuters) – U.S. stock indexes rose on Thursday, helped by a string of robust earnings reports, a dip in the dollar and after China said it will hold talks with the United States later this month.

$6.6K: Bitcoin Price Eyes New Target for Bull Reversal

Bitcoin is showing signs of life, but only a break above key resistance at $6,675 would confirm a bullish reversal, technical charts indicate.

Next trading day’s important events

12:00 (GMT+3)  Consumer Price Index – Core (YoY) (Jul)

12:00 (GMT+3)  Consumer Price Index (YoY) (Jul)

15:30 (GMT+3)  Bank of Canada Consumer Price Index Core (YoY) (Jul)

Forex quotes:

USDJPY: 110.72

EURUSD: 1.1388

Indices:

S&P 500: 110.71

NASDAQ: 2844.58

 

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