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

17 April 2026, 8:11 AM

Economic Calendar: A Calm End to the Week!

16 April 2026, 7:11 PM

Daily summary: Rising oil pressures EURUSD, bull run on Wall Street continues

16 April 2026, 6:32 PM

BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal

16 April 2026, 7:52 AM

Economic Calendar - Final Eurozone Inflation and U.S. Industrial Production (16.04.2026)

Economic reports

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