US Retail Sales in the limelight today – Danske Bank

By FXStreet FXStreet (Edinburgh) – Analyst at Danske Bank Kristoffer Lomholt has noted today’s relevant events in the US docket.

Key Quotes

“Also due for release today are figures on US private consumption, namely the University of Michigan consumer confidence and retail sales”.

“We expect solid releases due to growing real income, rising consumer confidence in previous months and a boost to consumers’ purchasing power from the lower energy prices”.

“The Fed’s Dudley (voting member, dovish) will hold a speech on the economic and monetary policy outlook in the US. We will also get US PPI figures”.
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Source:: FX Street