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America’s Roundup:U.S dollar rises to more than 2-year high on hawkish Fed rate hike outlook, Wall Street slumps, Gold falls 1%, Oil falls, posts nearly 5% weekly loss on growth concerns-23rd, 2022

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Market Roundup

•Canada Retail Sales (MoM) 0.1%,-0.4% forecast, 3.2% previous

•Canada Mar RMPI (MoM)  11.8%,6.0% previous

•Canada Feb Core Retail Sales (MoM)  2.1%,0.1% forecast, 2.5% previous

•US Apr Manufacturing PMI   59.7, 58.2 forecast,58.8 previous

•US Apr Markit Composite PMI  55.1, 57.0 forecast, 57.7 previous

•US Apr Services PMI   54.7,58.0 forecast, 58.0 previous

•U.S. Baker Hughes Total Rig Count 695 ,693 previous

• U.S. Baker Hughes Oil Rig Count 549,548 previous

Looking Ahead – Economic data ahead (GMT)

•No data ahead

Looking Ahead – Economic events and other releases (

•No significant events

Currency Summaries

EUR/USD: The euro declined against dollar on Friday after European Central Bank officials made mixed comments, while expectations of a 50 basis points (bps) rate hike from the Federal Reserve supported the U.S. dollar. ECB President Christine Lagarde provided some dovish…

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