US Retail Sales MoM: 0.5% (Forecast 0.6%, Previous 0.6%)
- US Core Retail Sales MoM: 0.3% (Forecast 0.3%, Previous 0.5%)
US Import Prices MoM: 0.4% (Forecast 0.1%, Previous 0.1%)
- US Export Prices MoM: 0.1% (Forecast 0.1%, Previous 0.5%)
NY Fed Manufacturing: 11.9 (Forecast 0, Previous 5.50)
The overall, retail sales from the US economy came in very solid, rising 0.5% monthly, while import prices also rose possbily due to the tariff effect. Also, NY Fed came in much stronger, than investors anticipated. The reports seem to be positive for the US dollar; the USDIDX rise after the data release.
Source: xStation5
Daily Summary- Return of the Sell-off on Wall Street⬇️
🔴US100 drops nearly 4%
🟡⬇️Gold at its lowest since March
🛢️WTI Crude Below 90 USD Tests the 100-Session Average