Highlights of the US September retail sales report:
- Prior control group reading was +0.5%
- Headline sales -0.3% vs -0.1% exp
- Prior headline sales were +0.6%
- Ex-autos and gas -0.1% vs +0.4% exp
- No revisions to the prior numbers
It’s a tough time for some soft data to hit. Sentiment is rattled and now risk trades are ripping. USD/JPY broke yesterday’s low to fall to 106.64 from 106.95.
A graphical look at the US Retail Sales Trends
