🚨 BREAKING 🚨 US Retail Sales increase 0.2% in June vs. 0.5% expected
ted to see another increase after unexpectedly rising in May. Note that the Retail Sales data is adjusted for seasonality but not for inflation.
The US Retail Sales report could have a significant impact on the Fed interest rate expectations and, in turn, on the US Dollar’s valuation, as there is a lack of high-impact US economic data this week and the Fed’s ‘blackout period’ has started ahead of the July 25-26 FOMC meeting.The headline Retail Sales are seen rising 0.5% MoM in June, compared with a 0.3% growth seen in May. Excluding autos, Core Retail Sales are likely to have risen 0.3% in June, compared with a 0.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
June Retail Sales still expected to rise, will the Fed read much into it?US Retail Sales expected to surge in June, deliver potential US Dollar relief – by FXstreetNews RetailSales UnitedStates EconomicIndicator EURUSD SEO
Read more »
China GDP Grew 6.3% In the Second Quarter, Retail Growth Slowed Sharply in JuneChina’s youth unemployment rate hit a record high of 21.3 percent in June. “Households are wary of spending, consumers remain skeptical about the recovery,” Moody's Analytics wrote in a research note.
Read more »
GBP/USD stays defensive around 1.3100 on mixed news, focus on UK inflation, US Retail SalesGBP/USD stays defensive around 1.3100 on mixed news, focus on UK inflation, US Retail Sales – by anilpanchal7 GBPUSD BOE Fed RiskAversion Macroeconomics
Read more »
NZD/USD corrects to near 0.6350 despite subdued USD Index, US Retail Sales eyedThe NZD/USD pair has extended its correction to near 0.6350 in the early European session. The Kiwi asset has faced pressure after mixing China’s Gros
Read more »
China's economy falters as latest growth, retail sales data disappointsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Crypto Catalysts: Investors to Weigh Jobs, Retail Sales, Production Data for Latest Inflation SignalsCrypto investors will be eyeing a flurry of U.S. jobs, retail sales and other macroeconomic data this week for signs that inflation is waning without casting the economy into a steep recession. JPRubin23 writes
Read more »