The Census Bureau released US Retail Sales data that came out lower than expected of negative 1.2%, compare to forecasted 0.1%. Note, that the US Core Retail Sales was released at the same time with the US Retail Sales.
"The equity meltdown? Maybe there is something in that perhaps, as there was from the apparent inability of seasonal adjustment factors to cope with the now-pervasive bring forward of (on line) sales into November from Black Friday and Cyber Monday. Perhaps revisions are pending," says David de Garis, a director and senior economist at National Australia Bank.
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| Historical Data Table: Retail Sales m/m | Economic Calendar for 19.02.2019 | ||||||||
| Date | 14.09.2018 | 15.10.2018 | 15.11.2018 | 14.12.2018 | 14.02.2019 | 12:30 AM | AUD Monetary Policy Meeting Minutes | ||
| Actual | 0.10% | 0.10% | 0.80% | 0.20% | -1.20% | 9:30 AM | UK Average Earnings Index 3m/y | ||
| Forecast | 0.40% | 0.70% | 0.60% | 0.10% | 0.10% | 9:30 AM | UK Unemployment Rate | ||
| Initial Reaction on Main Pairs | Open Position Proportions on 15.02.2019 | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/USD | 0.71091 | 0.7116 | 0.10% | AUD/USD | 67.79% | 32.21% | |||
| EUR/USD | 1.12697 | 1.12856 | 0.14% | EUR/USD | 41.19% | 58.81% | |||
| USD/JPY | 111.015 | 110.866 | -0.13% | USD/JPY | 42.41% | 57.59% | |||
| NZD/USD | 0.68392 | 0.68462 | 0.10% | NZD/USD | 41.85% | 58.15% | |||