Fundamental analysis - May 14, 2010

American session

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

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

19:30 pm --- --- U.S. Core Retail Sales and 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 AM Business Inventories --- --- America --- This figure shows the amount of inventory tied up in the manufacturing warehouse, the smaller the numbers were released, the better for CAD because it depicts the high consumer demand.

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