Private DCN Private DCN - US Dollar

USD: Retail and Oil inventories

By Ricky Bean August 13th, 2018

The US dollar remained the global anchor point of the world, as increased fears showed increased investments and, therefore, an increase in value.

As the first and primary brand consumer, focus will be given to the US retail and core retail sales data this week, currently expected to show a small increase of 0.4%. Outside of this, we will see the release of crude oil inventories and building permits data.

After President Trump imposed tariffs and sanctions on Turkey and Russia, respectively, we shall see the outcomes unveil and the true repercussions of his actions.