📊 Economic News Alert: Retail Sales Data (Nov) 🛍️ 📅 Date: December 17, 2024 🕒 Time: 08:30 EST 🇺🇸 Currency: USD 📈 Importance: High 1️⃣ Retail Sales y/y Previous: 2.8% Forecast: 3.8% 2️⃣ Retail Sales ex Autos Previous: 0.1% Forecast: 0.4% 3️⃣ Retail Sales ex Gas/Autos (m/m) Previous: 0.1% Forecast: 0.4% 4️⃣ Retail Sales m/m Previous: 0.4% Forecast: 0.5% 📌 Retail data will provide insights into consumer spending and economic health. Stay updated! #EconomicData #RetailSales #MarketUpdate
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United States : Core Retail Sales m/m 🔴 | ⭐️⭐️⭐️☆☆ Forecast : 0.1% Expectation: 0.2% - 0.4% Actual : Prepare to publish ➡️'Actual' less than 'Forecast' is good for currency; United States : Retail Sales m/m 🔴 | ⭐️⭐️⭐️⭐️☆ Forecast : 0.4% Expectation: 0.0% - 0.3% Actual : Prepare to publish ➡️'Actual' less than 'Forecast' is good for currency; United States : Unemployment Claims 🔴 | ⭐️⭐️⭐️⭐️☆ Forecast : 236K Expectation: 210K - 230K Actual : Prepare to publish ➡️'Actual' less than 'Forecast' is good for currency;
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United States : Core Retail Sales m/m 🔴 | ⭐️⭐️⭐️⭐️⭐️ Forecast : 0.2% Expectation: 0.1-0.2% Actual : Prepare to publish ➡️'Actual' greater than 'Forecast' is good for currency; United States : Retail Sales m/m 🔴 | ⭐️⭐️⭐️⭐️⭐️ Forecast : -0.2% Expectation: 0.1% - 0.2% Actual : Prepare to publish ➡️'Actual' greater than 'Forecast' is good for currency;
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Retail Sales Data (Per this morning's report): Retail sales showed a slight uptick in August, reflecting resilience among U.S. consumers and signaling that the economy remains stable as the Federal Reserve considers future interest rate cuts. Sales edged up 0.1% last month, according to a government report released Tuesday, outperforming expectations. Economists surveyed by the Wall Street Journal had predicted a 0.2% decline, anticipating weaker car sales to weigh heavily on the data. However, car sales did not have the expected negative impact. Even when excluding automobiles, retail sales still rose 0.1%, just below the 0.2% forecast. Retail sales account for about one-third of consumer spending and provide key insights into the overall health of the economy. #economy #investing
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Breaking News: Retail Sales Report Surprises Markets! Bonds React. The Short Take: Today's retail sales report for March 2024 exceeded expectations, showing a significant increase compared to consensus estimates. The Details: - Retail Sales - M/M: Expected at 0.4%, Actual: 0.7% - Ex-Vehicles - M/M: Expected at 0.5%, Actual: 1.1% - Ex-Vehicles & Gas - M/M: Expected at 0.3%, Actual: 1.0% These figures indicate a robust consumer spending trend, surpassing forecasts and suggesting a healthier economy than previously anticipated. The Takeaways: - Strong Consumer Spending: The higher-than-expected retail sales suggest that consumer confidence and spending remain resilient, contributing positively to economic growth. - Market Reaction: The bond market is reacting to this news, with yields rising as investors reassess expectations for future inflation and Federal Reserve policy. - Impact on Investing: Investors should closely monitor the implications of this data on sectors such as retail, consumer goods, and interest rate-sensitive assets like bonds and equities. #RetailSales #EconomicData #FinancialMarkets #Bonds #Investing
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US Retail Sales: A Key Driver for USD Movement The latest Retail Sales and Core Retail Sales data for the USD provided a snapshot of consumer spending, a critical gauge for the economy. Here's the breakdown: ✅ Core Retail Sales m/m Actual: 0.2% Forecast: 0.4% Previous: 0.2% ✅ Retail Sales m/m Actual: 0.7% Forecast: 0.6% Previous: 0.5% Why does this matter? Retail Sales measure changes in the total value of sales at the retail level, directly reflecting consumer spending, which accounts for over two-thirds of U.S. GDP. Core Retail Sales strip out automobiles (20% of retail sales), offering a clearer view of spending trends by removing volatility. Market Impact 📈 When the actual data beats forecasts, it signals a healthy consumer base and economic resilience, strengthening the USD. This month's headline Retail Sales outperformed expectations at 0.7%, reflecting robust spending, while Core figures came in softer than forecast at 0.2%. What Traders Should Watch 🚨 A divergence between retail sales and core retail sales can suggest that volatile sectors like automobiles are skewing the overall picture. Strong consumer spending supports the Fed’s confidence in economic growth, potentially influencing interest rate decisions. Looking Ahead: The next release is scheduled for January 16, 2025. Traders and analysts will closely watch whether this momentum continues or softens amid economic uncertainties. What are your thoughts on the current spending trends and their implications for USD performance? Share your analysis below! #Forex #EconomicData #USD #RetailSales #TradingInsights #Macroeconomics
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🇱🇷 US May Retail Sales 0.1% vs 0.3% Expected ▪️ Prior -0.2% ▪️ Retail Sales y/y 2.30% vs 2.70% Prior (Revised from 3.04%) ▪️ Core Retail Sales m/m -0.1% vs 0.2% Expected, Prior -0.1% (Revised from 0.2%) ▪️ Retail Sales Ex Gas/Autos 0.1% vs -0.3% Prior (Revised from -0.1%) Read full report: https://lnkd.in/diBpJjMy ⚡ Follow the economic events: bit.ly/49WH4Jy #MTFX #EconomicUpdate #EconomicAnalysis
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US Economical data’s: US Industrial production came at 0.8% previous was at -0.9% Capacity Utilization rate 78% previous was at 77.4% Retail sales came at 0.1% previous was at 1.1%
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New stats published by the Office for National Statistics estimate a 0.2% rise in retail sales during November this year. Read the full article here: https://lnkd.in/ebv8yTPU #uk #retail #November
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