US retail sales in August came in 0.6% vs 0.2% exp. and 0.5% previously
US Core Retail Sales MoM: 0.7% (Forecast 0.4%, Previous 0.3%)
US Export Prices MoM 0.3% (Forecast 0.1%, Previous 0.1%)
US Import Prices MoM 0.3% (Forecast -0.2%, Previous 0.4%)
Bank of America CFO Borthwick: Credit and spending by bank's consumers accelerated in 2025. (...) US Consumer is doing well. Credit quality is stable.
US100 reacts positively despite data signalling higher prices and quite strong consumption, which reduces a chance of 'aggressive rate cuts' this year... But on the other hand signals that the economy has no problems on the demand side, despite weakening labour market which is clearly positive for stocks.
Source: xStation5
Oil Price Erases Geopolitical Premium Faster Than After the Conflict with Russia. Is This the End or the Beginning of the Declines?
Chart of the Day: Is USDJPY in a stable trend or at a turning point? 💡
Economic Calendar: Will Today's NFP Data Send Wall Street Plummeting❓
Morning Wrap: Tech Sell-off in Korea, Yen Hits 40-Year Low Ahead of NFP🚨