US retail sales data for March was released at 1:30 pm BST. Report turned out to be mixed and did not trigger any major moves on the markets. Highlights of the report:
• Headline: 0.5% MoM vs 0.6% MoM expected (0.3% MoM previous)
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app• Ex-autos: 1.1% MoM vs 0.9% MoM expected (-0.4% MoM previous)
Simultaneously to the release of retail sales, US weekly jobless claims data was released. The number of Americans filling for unemployment benefits was 0.185 million in the week ended April 9, compared to 0.166 million reported in the previous week. Today’s reading came in above market expectations of 0.172 million. Continuing claims reading, which lags initial jobless claims data by one week, dropped to 1.475 million from 1.523 million in the previous week, while analysts expected reading of 1.500 million.
EURUSD saw relatively small reaction to today’s data inflation release. The most popular currency pair continued to trade around 1.0875 level. Source: xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
