US retail sales rose 0.6% mom to USD 738.4B in February, beating expectations of 0.4% mom and pointing to resilient consumer demand. The strength was broad-based, with ex-auto sales rising 0.5% mom to USD 599.0B. Ex-gasoline sales also increased 0.6% mom to USD 686.0B. These figures indicate that underlying consumption momentum remains solid beyond volatile […]

The post US Retail Sales Strength Continues, Core Measures Show Broad-Based Gains appeared first on ActionForex.