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
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
My Top 5 Stock Market Predictions for 2026Five 2026 market predictions written in a native, news-style voice: AI’s winners and losers, broader sector leadership, dividend demand, valuation cooling as the Shiller CAPE sits at 39 (Dec. 31, 2025), and quantum-computing bursts—while keeping all original facts and numbers unchanged.
Five 2026 market predictions written in a native, news-style voice: AI’s winners and losers, broader sector leadership, dividend demand, valuation cooling as the Shiller CAPE sits at 39 (Dec. 31, 2025), and quantum-computing bursts—while keeping all original facts and numbers unchanged.
Silver (XAG/USD) is rushing higher on Tuesday, reaching fresh two-week highs right below $78.00 at the time of writing, after bouncing from lows around $72.60 on Monday.
Gold (XAU/USD) hits a nearly four-week high during the Asian session on Wednesday, though it lacks follow-through buying and currently trades just below the $4,850 level, nearly unchanged for the day.
