FOCUS OF THE DAY: Report on the US Retail Sales - Ester Holdings
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FOCUS OF THE DAY: Report on the US Retail Sales

Dear traders,

The Commerce Department will release data on retail sales for March at 15:30 Moscow time.

  • The consensus forecast is that the report will show retail sales rose 0.9% following a shock decline of 0.2% in February.
  • Excluding the automobile sector, sales are expected to grow 0.7% after falling 0.4% in the preceding month.

Rising retail sales over time correlate with stronger economic growth, while weaker sales signal a declining economy.

Consumer spending accounts for as much as 70% of U.S. economic growth. (Investing.com)

Use the opportunity to make money with Ester’s EXPRESS NEWS TRADING service!

Have high profits and a good day!


We would like to remind you that you can always get acquainted with the upcoming news in the Economic Calendar, and in the Analytics section there are technical analysisexperts’ opinions and Trade signals!

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