Tag Archives: Retail Sales
UK Retail Sales Slump as FTSE 100 Ends Winning Streak
The FTSE 100 fell 0.6% on Friday, ending two weeks of gains. Weaker commodity prices and a drop in domestic retail sales drove this decline. Mining stocks were particularly affected, with precious metal miners falling by 0.8% and industrial metal miners decreasing by 1.7%. Fresnillo, a notable precious metal miner, saw a 1.4% decline as […]
Focus on BTCUSD today – 19th June, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for June 19, 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Mixed Signals from Retail Sales and Manufacturing, Markets React Positively
In May 2024, US retail sales experienced a slight uptick of 0.1% month-over-month, coming from a revised 0.2% decline in April, and fell short of the anticipated 0.2% growth. Such movement signals a dip in consumer sentiment. Conversely, manufacturing output saw significant growth, rising 0.9% in the same month and outperforming the expected 0.3% increase. […]
US Economic Momentum Slows, Rate Cut Possibility Rises
Retail sales in the United States remained flat in April 2024, showing no change from the previous month. This followed a downwardly revised gain of 0.6% in March and defied market expectations of a 0.4% rise, suggesting consumer spending has slightly eased. Out of the 13 categories tracked, 7 posted declines. Significant drops were seen […]
Robust U.S. Retail Sales Drive Dollar’s Surge
In March 2024, retail sales in the United States increased by 0.7% from the previous month. The rise followed a revised increase of 0.9% in February, which was significantly higher than the anticipated 0.3%. Such figures indicate that consumer spending is holding strong. Among the 13 major categories, sales rose in eight. Notable jumps were […]
