12:34 PM · 14 May 2021

BREAKING: US retail sales below forecasts

US retail sales data for April was released at 1:30 pm BST. Report turned out to be weaker than expected but it did not trigger any major moves on the markets. Highlights of the report:

• Headline: 0.0% MoM vs 1.0% MoM expected (9.7% MoM previous, revised to 10.7%)

• Ex-autos: -0.8% MoM vs 0.7% MoM expected (8.4% MoM previous)

EURUSD saw relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.2120 level. Source: xStation5

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