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Fundamental analysis - May 14, 2010


American session


19:20 pm - Europe - Axel Speech Weber - President of the Deutsche Bundesbank will bring a seminar entitled "Lessons for monetary policy from financial crisis" at the 12th annual Seminar on Inflation Targeting Banco Central do Brazil, Rio de Janeiro.

19:30 pm - Canada - Manufacturing Sales - After a relatively stagnant last month, the volume of sales by manufacturers in Canada are expected to again increase at 1.1% today. If released better than these figures, it will be advantageous CAD.

19:30 pm - U.S. - Retail Sales and Core Retail Sales - Having posted a significant increase last month, retail sales data today is predicted to slow down, but still in positive zone.

20:55 pm - America - Preliminary UoM Consumer Sentiment - consumer sentiment in the last three months continues to decline, and last month a significant decrease. Data today will probably show an increase to 73.5, if released in the above predictions will benefit the USD, contrary to a further decline will put pressure for the currency.

21:00 pm - America - Business Inventories - This number shows the amount of inventory tied up in the manufacturing warehouse, the smaller the numbers are released the better for CAD because it depicts the high consumer demand.

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