Ex autos -17.2% vs -8.5% expected
Control group -15.3% vs -5.0% expected
Prior control group 0.0% (revised to -0.2%)
The modern retail sales data series dates back to 1992 and this is double the worst fall on record. All the headlines are ghastly with the control group also plunging.
EURUSD is trading slightly higher after publication of today’s retail sales report. The most popular currency pair is heading towards 1.0843 resistance. Source: xStation5
Daily Summary: Week ends with a shallow rebound
Three markets to watch next week (24.08.2026)
US OPEN: The market takes a shallow breath after intervention in US debt
BREAKING: Strong US Service PMI 🔥EURUSD stays flat ↔️