The Census Bureau released US Retail Sales data that came out better than expected of 0.2%, compare to forecasted 0.0%. Note, that the US Core Retail Sales was released at the same time with the US Retail Sales.
"Sales managed only a tepid reversal in January from December's deep freeze," said Douglas Porter, chief economist at BMO Capital Markets in Toronto. "While we expect some further comeback in the next couple months, the big story is that the economy's big engine is cooling."
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| Historical Data Table: Retail Sales m/m | Economic Calendar for 13.03.2019 | ||||||||
| Date | 15.10.2018 | 15.11.2018 | 14.12.2018 | 14.02.2019 | 11.03.2019 | Tentative | UK Annual Budget Release | ||
| Actual | 0.10% | 0.80% | 0.20% | -1.20% | 0.20% | 12:30 PM | US Core Durable Goods Orders m/m | ||
| Forecast | 0.70% | 0.60% | 0.10% | 0.10% | 0.00% | 12:30 PM | US PPI m/m | ||
| Initial Reaction on Main Pairs | Open Position Proportions on 12.03.2019 | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/USD | 0.70466 | 0.70476 | 0.01% | AUD/USD | 72.52% | 27.48% | |||
| EUR/USD | 1.12415 | 1.12437 | 0.02% | EUR/USD | 34.44% | 65.56% | |||
| USD/JPY | 111.098 | 111.158 | 0.05% | USD/JPY | 38.21% | 61.79% | |||
| NZD/USD | 0.68097 | 0.68098 | 0.00% | NZD/USD | 41.17% | 58.83% | |||