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14.11.2019 16:20

UK retail sales amongst market movers today – Danske Bank

According to Danske Bank analysts UK retail sales for October could get a boost from Brexit stockpiling.

“In March, hoarding ahead of the original Brexit date similarly contributed to a surge in sales, though the impact will probably not be as pronounced this time. A range of ECB (Chief Economist Lane and Vice President De Guindos) and FOMC speakers (Clarida, Evans, Powell, Williams and Bullard - all voters) will also be scrutinized for any new monetary policy hints, as markets continue to scale back their rate cut expectations. In Scandinavia, markets will keep an eye on the Swedish labour market data for October and the Danish Q3 GDP indicator.”


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Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
Session Financial Centres UTC/GMT
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Pacific Wellington 19:00 04:00 22:00 07:00 22:00 07:00
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Sydney 21:00 06:00 00:00 09:00 00:00 09:00
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Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
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Hong Kong, Singapore 00:00 09:00 03:00 12:00 03:00 12:00
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European Frankfurt, Zurich, Paris 06:00 15:00 09:00 18:00 9:00 18:00
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London 07:00 16:00 10:00 19:00 10:00 19:00
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American New York 12:00 21:00 15:00 00:00 15:00 00:00
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Chicago 13:00 22:00 16:00 01:00 16:00 01:00