- Analytics
- News and Tools
- Market News
- Breaking: US Retail Sales rise by 0.5% in March vs. 0.6% expected
Breaking: US Retail Sales rise by 0.5% in March vs. 0.6% expected
US Retail Sales rose at a pace of 0.5% MoM in March, a little less than the expected pace of 0.6% and a slowdown versus the previous month's 0.8% pace, data released by the US Census Bureau on Thursday revealed.
The MoM growth in Core Retail Sales was a little stronger than expected in March at 1.1% versus the forecasted 1.0% growth rate, an acceleration from the 0.6% pace of growth one month earlier.
The Retail Control group showed a MoM pace of growth of -0.1%, weaker than the 0.2% expected and comes after a 0.9% decline in February.
Market Reaction
The DXY, already on the front foot amid a dovish reaction to the ECB policy announcement that led to the euro weakening against the US dollar, is extending gains to the upside and is eyeing a break back above 100 in wake of the mixed Retail Sales figures.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
