- US, retail sales report for April. Actual: 0.0% m/m. Expectations: 0.4% m/m. Previously: 0.7% m/m.
ex-auto data: Actual: 0.2% m/m. Expectations: 0.2% m/m. Previously: 0.9% m/m.
ex-auto and gas: Actual: -0.1% m/m. Previously: 0.7% m/m.
Wall Street gains and the dollar retreats after a lower-than-expected reading on retail sales and CPI inflation data.
Source: XTB Research
Daily summary: exceptionally low US trade deficit; dollar remains strong 📌
NY Fed Survey: higher inflation expectations, but also higher equity price expectations 📄🔎
BREAKING: EURUSD reacts to US jobless claims & labor costs data 🗽
BREAKING: PPI in Eurozone higher than expected, unemployment falls