[US June Retail Sales Monthly Rate]
Previous value: 0.10% Expected: -0.3% Announced value: Not announced
Jinshi Data Importance Rating: ★★★★☆
Data Release Time: July 16, 2024 20:30
Statistical Method
Statistical changes in retail sales last month, publish monthly rate data
Data Impact
Announced value > forecast value = good for the US dollar
US retail sales monthly rate, known as "horror data" in the industry; this is a summary of the total sales volume of the United States that month, reflecting the economic activity of the United States that month. When the data is higher than expected, it indicates that the US economy is better than expected and the market is active. Good for the US dollar, otherwise it means that the US economy is worse than expected, and the US dollar is bearish.
