The consumer is officially cooling down. Here are the numbers:
-
Retail Sales: -0.6% MoM (Exp. +0.1%)
-
Retail Sales Ex-Auto: -0.3% MoM (Exp. +0.2%)
-
Control Group: -0.4% MoM (Exp. +0.3%)
The US Dollar (USD) is taking a hit. Bad news for the economy is dovish news for the Fed. This massive miss signals a severe slowdown in consumer spending, dramatically increasing the odds of faster and deeper interest rate cuts. The dollar is losing ground as yields drop in response. Traders pare wagers on more than one Fed rate hike by mid-2027.Source: xStation
Market Wrap: European software stocks keep indices near record highs. Dollar gives up this week's gains (14.08.2026)
Chart of the Day 🚩 Speculations Around Faster Rate Hikes in Japan — Could USDJPY Reverse Its Trend?
Economic Calendar 🗽 U.S. Retail Sales and UoM Data in Focus
Coffee Falls 5% on ICE 📉 Profit-Taking Hits the Market Despite Low Arabica Inventories
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
