Wholesale sales in Canada increase more than expected

Note: This section contains information in English only.
Source: Forexpros

Canada's wholesale sales increased more than initially expected in October, according to official data. The sales added 0.9% in October as compared to 0.6% increase expected. The wholesale sales increased by 8.3% on annualized rate in October and totaled CAD49.2 billion for the month. Following the news, Canadian currency edged up against the USD and the pair USD/CAD lost 0.35% to 1.0345.

Back to articles

Actual Topics

Mon, 19 Dec 2011 18:51:31 GMT

Gold futures slide further

Gold futures declined failing to recover after 7% drop last week. Analysts claim the reason is stronger US dollar as it makes the dollar-priced metal more expensive for other currency holder and decreases the safe-haven appeal of the commodity. Gold futures for delivery in February lost $4.90 to $1,593.20 an ounce.

Mon, 19 Dec 2011 18:49:52 GMT

Indian producers of aluminium are impacted by growth of the coal price

India's aluminium producers face growing operational costs mainly caused by a rise in price of energy and raw materials . The producers will try to minimize energy consumption introducing new production methods and modernizing equipment. The government also contributes to support of the aluminium industry by reducing transmission costs and reviewing rates on raw materials import duties.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.