What to expect from Monthly Retail Sales data?

What to expect from Monthly Retail Sales data?

What to expect from Monthly Retail Sales data?

The United States will release MoM Retail Sales data on September 16, 15:30 GMT+3.

What will happen?

The United States will release MoM Retail Sales data on September 16, 15:30 GMT+3. The measurement of retail sales tracks consumer demand for finished goods by measuring the purchases of durable and non-durable goods over a defined period. Data on retail sales is compiled once a month by the U.S. Bureau of the Census and includes sales from all foodservice and retail stores.

Why is it important?

Traders keep a close watch on retail sales data as the primary gauge of consumer spending, which accounts for the majority of overall economic activity. This is the earliest and broadest look at vital consumer spending data. Last month a decline in auto purchases and a resurgence in COVID-19 cases resulted in worse than expected Core and “Usual” retail sales data (-0.4% vs 0.2% and -1.1% vs. -0.2% accordingly). Nevertheless, on August 17, relatively bad retail sales data resulted in USD growth. This unusual growth happened because later those days Fed’s Chair Powell has been speaking, and markets anticipated tapering news.

UsDollarM15 second.png

 How to trade Retail Sales data?

 The results will have an impact on all USD pairs.

  • If it turns out to be higher than expected, the USD will rise.
  • Otherwise, USD will fall.

 Check the economic calendar

Instruments to trade: USD/JPY, USD/CAD, USD/CHF, EUR/USD.

LOG IN

Similar

Latest news

An index that will rock USD
An index that will rock USD

The United States will publish the ISM Non-Manufacturing PMI on Thursday, January 6, at 17:00 GMT+2 (MetaTrader time).

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera