- Retail sales for December: 0.4% MoM (0.6% MoM expected; 0.7% MoM prior)
- Retail sales ex autos: 0.4% MoM (0.4% MoM expected; 0.2% MoM prior)
- Retail sales ex autos and gasoline: 0.3% MoM (0.4% MoM expected; 0.2% MoM prior)
- Weekly Jobless Claims: 217k (213k expected; 203k prior)
- Philly Fed survey: 44.3 (-4.5 expected; -10.9 prior)
US retail sales data is coming in weaker than expected, although it still shows healthy growth. The dollar initially weakened in response, but remains strong throughout the day. The EURUSD pair remains below 1.03.
Source: Bloomberg Finance LP, XTB
EURUSD remains below 1.03 despite much lower increase of Retail Sales in the US than expected. Source: xStation5
BREAKING: Canadian Wholesale & Manufacturing Sales higher than expected 📊USDCAD reacts
BREAKING: EU GDP data slightly above expectations! 📈💶
BREAKING: French and Spanish inflation came in line with expectations 📌
Daily Summary: Shutdown ends, rate cut fades and risk is off