2:32 PM ยท 14 December 2023

BREAKING: strong retail sales data and low initial jobless claims ๐Ÿ“Œ

Retail sales in the USA increased by 0.3% month-over-month, against an expected decline of -0.1% month-over-month. The previous decrease was revised from -0.1% month-over-month to -0.2% month-over-month, so the current rebound might be slightly less surprising. Nonetheless, the data are really solid.

Core sales rose by 0.2% month-over-month, against an expected decline of -0.1% month-over-month, and compared to the previous level of 0.0% month-over-month (here, a positive revision from -0.1% month-over-month).

Retail Sales summary:

  • Retail Sales MoM Actual 0.3% (Forecast -0.1%, Previous -0.1%, Revised -0.2%)
  • Core Retail Sales MoM Actual 0.2% (Forecast -0.1%, Previous 0.1%, Revised 0%)

Jobless Claims:

  • Initial Jobless Claims remain at an exceptionally low level. Readings for the last week indicated a decrease again to 202k compared to 220k previously and 220k forecasted.

The dollar reacted with a slight strengthening against the euro to the exceptionally strong data. However, this movement is not significant compared to the movement after today's ECB decision and yesterday's Fed announcement.

Source: xStation 5

29 May 2026, 6:53 PM

Daily Summary: Buyers continue to dominate the markets despite geopolitical turmoilโฐ

29 May 2026, 6:26 PM

๐Ÿ“†Three markets to watch next week (29.05.2026)

29 May 2026, 5:28 PM

Hungary Unlocks EU Funds; EUR/HUF Drops 0.5%

29 May 2026, 2:40 PM

RBNZ Regime Change: The Ultimate Hard-Hawk Pivot ๐Ÿฆ… Time to shine for NZD ๐Ÿ‡ณ๐Ÿ‡ฟ

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissรฃo de Valores Mobiliรกrios (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits