1:37 PM · 16 October 2020

📈 Stocks jump after solid US sales data

A few moments ago investors were offered crucial retail sales report from the United States for the month of September. The data came in above market expectations as the headline gauge (retail sales) rose 1.9% MoM. Shortly after the release, futures markets gained. The exact figures were as follows:

Retail sales: 1.9% MoM

expected: 0.7%
previously: 0.6%

Core retail sales: 1.5% MoM

expected: 0.5%
previously: 0.5%

Source: Macrobond, XTB Research

Source: xStation5

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