June 2018 US retail sales data 16 July 2018

  • Prior 0.8%. Revised to 1.3%
  • Ex-autos 0.3% vs 0.4% exp m/m. Prior 0.9%. Revised to 1.4%
  • Ex-autos/gas % vs 0.8% prior m/m. Revosed to 1.3%
  • Control group (core) 0.0% vs 0.4% exp m/m. Prior 0.5%. Revised to 0.8%

Pretty much on the money but also good revisions higher. The buck is marginally higher by 10-15 pips. An ok report here an the Empire data is signalling manufacturing should be progressing too,

Ryan Littlestone

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