Searcher

Published on Tuesday, July 16, 2019

Market Comment | Robustness of U.S. retail sales in June

U.S. retail sales rose 0.4% MoM in June, the fourth consecutive month of rises and a sign of economic robustness, according to data released by the Department of Commerce. The Fed is unlikely to cut interest rates by more than 25 basis points in July.

Key points

  • Key points:
  • U.S. retail sales rises 0.4% MoM in June.
  • The index tracking the dollar (DXY) rises 0.4%.
  • Search for yield continue benefiting peripherals risk premiums.

Documents to download

Geographies

Topics

Tags

New comment

Be the first to add a comment.

Load more

You may also be interested in