US Retail Sales [m/m]
It seems that the usual Retail Sales m/m is well accepted by the markets and can be published faster than our traditional interest in the form of Core Retail Sales m/m. Accordingly, we shift our attention to the general indicator of the growth dynamics of American retail sales.
Features of the publication
(!) Hot Season Sale
The next signal
How to trade US Retail Sales [m/m]
If the data exceeds the forecasts, USDJPY grows, and vice versa
This is the main indicator of consumer spendings, which accounts for the major part of the overall economic activity of the United States.
Package data is used
Core Retail Sales m/m
Retail Sales m/m
At the moment, the commercial focus is set on Retail Sales m/m
It is well and habitually traded, sometimes it can be paired with the data of the consumer price index, respectively, check the calendar before trading and see whether the conflict prevention system is turned on for both indicators.
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