BREAKING: US Retail Sales below expectations

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Retail sales in the United States grew by 0.6% month-over-month in August , following 1.2% gain in July and below market expectations of 1.0% rise.
Sales rose the most for food services and drinking, clothing furniture, and building materials and garden equipment.

Retail sales excluding autos increased 0.7 % month-over-month in August from 1.9% growth in July, below analysts’ estimates of a 0.9 % gain.

US retail sales rise less than expected in August. Source: Macrobond, XTB

EURUSD saw relatively small reaction to today’s data releases. The most popular currency pair continues to trade around 1.1875 level. Source: xStation5

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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