14 Jul 2015
USD looks to Retail Sales – Danske Bank
FXStreet (Edinburgh) - Signe Roed-Frederiksen, Senior Analyst at Danske Bank, remarks today’s release in the US economy.
Key Quotes
“US retail sales for June will be released today”.
“Minutes of the June FOMC meeting showed the Fed’s concern that US consumers have permanently shifted their savings rate higher. Today’s data will give some clarification on this”.
“We expect retail sales to increase 0.2% m/m due to weak auto sales and the core measure ex autos, gasoline and building materials to increase 0.3% m/m”.
Key Quotes
“US retail sales for June will be released today”.
“Minutes of the June FOMC meeting showed the Fed’s concern that US consumers have permanently shifted their savings rate higher. Today’s data will give some clarification on this”.
“We expect retail sales to increase 0.2% m/m due to weak auto sales and the core measure ex autos, gasoline and building materials to increase 0.3% m/m”.