1. UK inflation data: Tuesday, 9:30. The UK’s consumer prices, fell to a four-year low of 2.1% in November, following 2.2% in the previous month, caused by a milder increase in food and energy prices. Analysts expect inflation would edge up in December due to an increase in energy prices. Meanwhile, core inflation, excluding food and energy remained subdued below 2%. The Bank of England intends to keep annual inflation close to their 2% target, but the rate has been above this level since November 2009. Inflation rate is expected to remain unchanged at 2.1%.
  2. US Retail Sales: Tuesday 13:30. U.S. retail sales increased handsomely in November, climbing 0.7% amid a boost in automobile sales and a range of other goods. This strong performance was another sign for the Fed to start its tapering move and prompted analysts to raise their fourth quarter consumer-spending projections. The strong figure was preceded by a 0.6% gain in October. Meantime, core sales gained 0.4% after a 0.5% increase in the prior month. Retail sales are expected to gain 0.2% while core sales are expected to advance 0.4%.

MY DAILY ACTIVITY:

Hi Guys , am back with my daily activity and list of my trades . My today's trading session started with going long for AUD/USD . My fundamentals were very much confident on going short for aussie , but NFP changed the scenario. In the beginning of the day I was confident pair would rise and fortunately it did . Now I am looking forward for the reversal and continue its major trend. Lets see what happens next.
ترجمه به انگلیسی نمایش اصل