July 2018 US retail sales data 15 August 2018

  • Prior 0.5%. Revised to 0.2%
  • Ex-autos 0.6% vs 0.3% exp m/m. Prior 0.4%. Revised to 0.2%
  • Ex-autos/gas 0.6% vs 0.3% prior m/m. Revised to 0.2%
  • Control group 0.5% vs 0.4% exp m/m. Prior 0.0%. Revised to -0.1%

On the whole, good numbers, if only let down by the worse revisions. No move in USDJPY and marginal moves in the rest. 110.01 UJ, 1.2693 GU & 1.1319 EU.

Ryan Littlestone

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