US Retail Sales rise 0.1% in August vs. -0.2% expected
Source Fxstreet
- Retail Sales in the US increased slightly in August.
- US Dollar Index stays in daily range below 101.00.
Retail Sales in the US rose 0.1% to $710.8 billion in August, the US Census Bureau reported on Tuesday. This reading followed the 1.1% increase recorded in July and came in better than the market expectation for a decline of 0.2%.
Retail Sales ex Autos expanded 0.1%, missing analysts' estimate for an increase of 0.2%.
"Total sales for the June 2024 through August 2024 period were up 2.3% from the same period a year ago," the press release read. "The June 2024 to July 2024 percent change was revised from up 1.0% to up 1.1%."
Market reaction
The US Dollar Index edged higher with the immediate reaction and was last seen rising 0.08% on the day at 100.78.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Financial Markets 2026: Volatility Catalysts in Gold, Silver, Oil, and Blue-Chip Stocks—A CFD Trader's OutlookGet a comprehensive financial market 2026 outlook exploring key economic drivers, volatility catalysts in gold, oil and stocks, and what the evolving economic outlook means for cfd trading strategies and risk management on global markets.
Get a comprehensive financial market 2026 outlook exploring key economic drivers, volatility catalysts in gold, oil and stocks, and what the evolving economic outlook means for cfd trading strategies and risk management on global markets.
Bitcoin price nears $70,000 as market bullish sentiment rebounds.On Thursday (February 26), Bitcoin (BTC) saw a rare strong rally recently, jumping nearly 4% on the day to a high above $6
Crypto Overview: Toncoin, Terra Classic rise by double digits as Bitcoin grips $80,000Bitcoin (BTC) rises above $80,000 at press time on Tuesday, triggering a broader market recovery despite the US-Iran ceasefire at risk as tensions resurface. Toncoin (TON) and Terra Classic (LUNC) are leading the market recovery with double-digit gains over the last 24 hours.
Bitcoin (BTC) rises above $80,000 at press time on Tuesday, triggering a broader market recovery despite the US-Iran ceasefire at risk as tensions resurface. Toncoin (TON) and Terra Classic (LUNC) are leading the market recovery with double-digit gains over the last 24 hours.
Australian Dollar softens to near 0.7200 as Trump and Xi set for second day of talks The AUD/USD pair attracts some sellers to near 0.7205 during the early Asian trading hours on Friday. Markets remain cautious ahead of the second day meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing on Friday.
The AUD/USD pair attracts some sellers to near 0.7205 during the early Asian trading hours on Friday. Markets remain cautious ahead of the second day meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing on Friday.
The EUR/USD pair trades in negative territory around 1.1615 during the early Asian session on Monday. The Euro (EUR) extends the decline as the prolonged US-Iran conflict weighs on the riskier assets.
