The US released a host of December economic data this morning, and all missed BIGLY. December Retail Sales was -1.9% MoM vs and expectation of 0% and a lower revised November print to 0.2% MoM. This was apparently due to people moving forward their holiday shopping to make sure items arrived on time. December’s Retail […]
The post US Bad Data Dump; But It’s Inflation That Matters! appeared first on Action Forex.
It may not feel like it, but we’re still in the first month of the new year. 2025 has been met with some interesting and unexpected developments in the retail sphere, and more broadly in Read more…
If you’ve recently visited your local grocery store and left with a hefty dose of sticker shock, you’re not alone. The price of nearly everything, especially food and beverages, has increased over the past year. Read more…
Consumer prices surged in 2022, and since then, necessities like food, housing, and energy have been hit with the highest increases. Housing costs have been a point of contention, as both renters and homeowners are Read more…