Retail sales

Australia is having a pretty busy week. The RBA cut rates earlier this morning, and attention now turns to two major data points: trade balance and retail sales. These releases have a habit of changing the course of the AUDUSD. It might… Read More

The US retail sales report due today will mark the end of a busy week ahead of the Fed meeting next week. Economists forecast that retail sales will bounce back following the decline in April. Headline retail sales are forecast to rise… Read More

We are expecting some volatility in the NZD tonight thanks to the release of the first major economic data for the week. Unlike other countries, New Zealand only reports its retail sales data once every quarter. Therefore, the data tends… Read More

The monthly retail sales report will be released today. The official data from the US Census Bureau is forecast to show that consumer spending in retail could slow in April. This comes after retail sales rose the most in two years in… Read More

The week ahead is expected to be somewhat slower as far as economic reports are concerned. The major economic events over the week will focus on the labor market reports from Australia and the UK. The ongoing trade war tussle between the… Read More

The monthly retail sales report from the United States for March will be coming up today. Data from the Census Bureau is forecast to show that core retail sales will rise 0.7% while headline retail sales will rise 0.9% during the month.… Read More

The Reserve Bank of Australia held its monetary policy meeting last week on Tuesday morning. The central bank left interest rates unchanged at 1.50%, as it has done since August 2016. The markets widely anticipated this move. However,… Read More

Consumer prices in the United States stayed flat at the start of the year marking a third consecutive month. The flat reading comes amid energy prices holding inflation down. Consumer price index which means the number of prices paid for… Read More

Retail Sales Rebound AUD bulls received a boost this week as, despite still-subdued wage growth and generally weak household consumption,  Australian retail sales rebounded over November. The reading rose 0.4% in November, outperforming… Read More

The big American data for the day is scheduled for 08:30 EST (14:30 CET) when the Census Bureau releases November retail sales data. The data can move the market including forex, and given that it is one of the last major releases before… Read More