This week: US Retail Sales, Crude Oil Inventories & Canadian CPI.

If you are unable to see the message below, [click here to view](. Another crucial week for the American economy and Crude before the Earnings Season begins. [Visit our website]( [AvaTrade] This Week’s Market Opportunities Wednesday, October 16th at 12:30 GMT Canadian Consumer Price Index (CPI) In September, month on month headline inflation in Canada dropped to negative 0.1% mainly owing to lower gas prices. Nonetheless, year on year inflation remains at 1.9%, only 0.1% off the Central Bank desired inflation target. This could be an ideal situation for the Central Bank, yet there have been early signs that Canada’s economy is now stalling after four months of growth. This doesn’t bode well for the national election set for October 21st, where issues like cost of living have played a key role in the campaign. Will investors shy away from CAD? Or will they play the game? [Trade USDCAD]( Wednesday, October 16th at 12:30 GMT US Retail Sales MoM The economy is getting more and more driven by politics with US President Donald Trump looking for distractions from impeachment and retching upvotes to win the 2020 poll. Recently, the Trump Administration is moving its trade war ‘tankers’ to Europe to start a new trade war against its European Allies. Under these premises, analysts anticipate a further contraction of US core and non-core retail sales to 0.3% from 1.0% and 0.4% respectively. Are Trump’s policies paying off? Or are traders just not willing to take further risks? [Trade USDX]( Wednesday October 16that 14:30 GMT EIA Crude Oil Change The International Energy Agency and OPEC have continued to revise downwards their respective oil demand growth projections for 2019 and 2020. Yet, currently, it is not so much production that concerns traders but geopolitical risks with new potential ‘wars’ looming. Monitoring EIA Crude Oil data can be useful to identify early signs of oil downturns. Will this week’s data confirm the ongoing trend and lead to further selloffs? Or will it provide an opportunity to buy the dips? [Trade Oil]( [AvaTrade] Trading, CFDs, Spread-betting & Options carry risk and could result in the loss of your capital AVA Trade EU Ltd is regulated by the Central Bank of Ireland (No.C53877). AVA Trade Ltd is regulated by the B.V.I Financial Services Commission. Ava Capital Markets Australia Pty Ltd is regulated by the ASIC (No.406684). Ava Capital Markets Pty is regulated by the South African Financial Services Board (FSP No.45984). Ava Trade Japan K.K. is regulated in Japan by the FSA (No.1662) and the FFAJ (No.1574). Read AvaTrade [risk disclosure]( before trading Forex, CFD’s, Spread-betting or FX Options. Forex/CFD, Spread-betting & FX Options trading involves substantial risk of loss and is not suitable for all investors. Copyright © 2007-2019 AVA Trade EU Ltd. All rights reserved. [Unsubscribe](