Tag Archives: Retail Sales

The US Census Bureau will release the August Retail Sales report on Thursday, September 15 at 12:30 GMT, and as we get closer to the release time, here are the forecasts of economists and researchers of three major banks regarding the upcoming data. Commerzbank “The drop in gasoline prices is …

Eurozone’s Retail Sales rose by 0.3% MoM in July versus 0.4% expected and -1.0% last, the official figures released by Eurostat showed on Monday. On an annualized basis, the bloc’s Retail Sales came in at -0.9% in July versus -3.2% recorded in June and -0.7% estimated.

Retail Sales in the US stayed virtually unchanged at $682.8 billion in July, the data published by the US Census Bureau showed on Wednesday. This reading followed June’s increase of 0.8% and came in slightly weaker than the market expectation of +0.1%. “Total sales for the May 2022 through July …

Eurozone’s Retail Sales fell by 1.2% MoM in June versus 0.0% expected and 0.4% last, the official figures released by Eurostat showed on Wednesday. On an annualized basis, the bloc’s Retail Sales came in at -3.7% in June versus 0.4% recorded in May and -1.7% estimated. Separately, Eurozone’s Producer Price …

The EUR/USD pair is struggling around 1.0260 as estimates for Eurozone Retail Sales shift lower. The Dollar Index has hit a fresh three-week low as the recruitment process seems vulnerable in July.Eurozone’s stable jobless rate may remain a hurdle for the ECB in hiking interest rates. The EUR/USD pair failed …

The dollar rose strongly on Friday, but remained on track for its biggest weekly loss since the end of May after weak US economic data. The euro fell after climbing to a more than two-week high on Thursday when the European Central Bank raised lending costs in its first rate …

The GBP/USD pair broke above 1.1990 during the American session and jumped to 1.2033, reaching the highest level since July 8. It is hovering around 1.2010/15, up 150 pips for the day, boosted by a weaker US dollar.Generally speaking, there is a significant improvement in risk sentiment. Equity prices ended …

The dollar slid lower on Friday as investors evaluated how high the Fed is likely to raise interest rates by when it meets later in July. Investors also took profits after a strong USD’s rally that sent the American currency to a two-decade high.The dollar has jumped as the Fed …

US equities surged on Friday, bringing a positive end to a seemingly disappointing week, as strong retail sales data and a survey hinting at easing inflation expectations tempered concerns over the economic outlook.Ealier on the day, Europe’s Stoxx 600 equity index closed 1.8 per cent higher. The S&P 500 share …

US stocks are climbing ahead of the Federal Reserve monetary policy decisions, expected to hike 75 bps. The Nasdaq Composite leads the pack, followed by the S&P 500 and the Dow Jones.US equities recovered some ground after a string of five days of losses and are gaining between 1.05% and …