US Retail Sales to rise for second consecutive month in March – TD Securities
Source Fxstreet
Analysts at TD Securities share a brief preview of the upcoming March Retail Sales data from the US.
Retail Sales to continue to recover from January contraction
"We expect retail sales to rise for a second consecutive month in March (TD: 0.5% m/m, consensus: 0.4%), as they continue to recover from the large 1.1% contraction registered in January."
"Volatile auto and gasoline stations sales will likely modestly boost growth, with the control group acting as the main driver as it recovers from a soft start to the year (TD & consensus: 0.4% m/m). Separately, we project sales in bars/restaurants —the report's only services component— to remain firm in March."
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Prioritize filling the $27,000 gap and even try higher.
Billionaire Elon Musk recently raised funds for his two high-profile tech companies, xAI and Neuralink.
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
Silver (XAG/USD) is trading lower in an otherwise calm market session on Thursday.
As of the Asian session on July 30, gold prices ( XAUUSD) surged and then retraced following the Federal Reserve meeting, once falling to $4,028.62 during the session. From a market persp
