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: Wall Street Stabilizes Despite Higher Oil Prices
Cocoa loses 5% amid rising inventories on ICE
Oil gains 3% amid US - Iran escalation and supply disruption on the Black Sea
🔼 Gold gains 1.7%