April 2018 US retail sales report 15 May 2018

  • Prior 0.6%. Revised to 0.8%
  • Ex-autos 0.3% vs 0.5% exp m/m. Prior 0.2%. Revised to 0.4%
  • Ex-autos & gas 0.3% vs 0.3% prior. Revised to 0.4%
  • Control group 0.4% vs 0.4% exp m/m. Prior 0.4%. Revised to 0.5%

On the money and better revisions. Like the UK data earlier, that it wasn’t bad could be taken as good.

USDJPY likes it as it pushes to 110.20.

Ryan Littlestone

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