Ex autos -17.2% vs -8.5% expected
Control group -15.3% vs -5.0% expected
Prior control group 0.0% (revised to -0.2%)
The modern retail sales data series dates back to 1992 and this is double the worst fall on record. All the headlines are ghastly with the control group also plunging.
EURUSD is trading slightly higher after publication of today’s retail sales report. The most popular currency pair is heading towards 1.0843 resistance. Source: xStation5This content has been created by X-Trade Brokers Dom Maklerski S.A. This service is provided by X-Trade Brokers Dom Maklerski S.A. (X-Trade Brokers Brokerage House joint-stock company), with its registered office in Warsaw, at Ogrodowa 58, 00-876 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. X-Trade Brokers Dom Maklerski 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.
