1:32 PM · 14 October 2022

BREAKING: US retail sales unchanged, dollar maintains gains

Retail sales for September: 0.0% MoM (expected: 0.2% MoM ; previous: 0.3% MoM)

Core retail sales: 0.1% MoM (expected: -0.1% MoM ; previous: -0.3% MoM)

Sales excluding cars and fuels rise 0.3% MoM (previous: 0.6% MoM)

Mixed data, but it's clear that car sales are starting to take a turn for the worse, which could be a sure sign for a further slowdown.

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