BREAKING: US retail sales recover from April's slump

US retail sales data for May has been just released. Headline reading showed 17.7% MoM advance against expected 8.4% MoM increase (-14.7% MoM in April). Retail sales excluding autos jumped 12.4% MoM while the market expected 5.5% MoM increase (-17.2% MoM in April).

Data turned out to be much better than expected as retail sales recovered from last month's steep drop. Equity markets and the US dollar surged on the release. There is one more important event scheduled for today - Powell's testimony in Congress at 3:00 pm BST.

US500 surged on retail sales data releases and tested 3,145 pts mark. Source: xStation5

21 August 2026, 9:03 AM

BREAKING: European PMIs stronger than expected 🔼 EURUSD approaches 1.17 level

21 August 2026, 7:21 AM

Economic Calendar: Batch of PMI reports will move attention away from bonds? (21.08.2026)

20 August 2026, 6:41 PM

Daily Summary: Dollar Recovers Losses, Oil Near 3-Week Highs 🗽 US30 Falls 1%

20 August 2026, 11:10 AM

💵EURUSD tests 1.17 due to Bessent

Economic reports

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