US: Retail Sales Gain Momentum in June 

Retail sales gained 1.0% month-on-month (m/m) in June – slightly above the consensus forecast (+0.8% m/m) –  and accelerating from May’s reading, which was revised up to -0.1% m/m from -0.3% m/m reported earlier. Sales at autos & parts dealers rose by 0.8% m/m even after May’s upward revision to -3.0% from a decline of […]

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