- 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
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Strong Service ISM Reading as activity expanded most since 2022