US retail sales data for April was released at 1:30 pm BST. Report came in line with expectations and did not trigger any major moves on the markets. Highlights of the report:
• Headline: 0.9% MoM vs 0.9% MoM expected (0.7% MoM previous)
• Ex-autos: 0.6% MoM vs 0.4% MoM expected (1.4% MoM previous)
EURUSD saw relatively small reaction to today’s data inflation release. The most popular currency fell slightly to 1.0530 level. Source: xStation5
Fed Chair Kevin Warsh’s Q&A from Congress Testimony: Inflation stability is a key
Dollar sells-off following first US price drop in six years
Warsh's Address to Congress: Zero Tolerance for Inflation, But No Change in Interest Rates?
BREAKING: US CPI data much lower than expected 📈 EURUSD gains
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.
