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US Retail Sales in the limelight today – Danske Bank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Edinburgh) - Analyst at Danske Bank Kristoffer Lomholt has noted today’s relevant events in the US docket.

    Key Quotes

    “Also due for release today are figures on US private consumption, namely the University of Michigan consumer confidence and retail sales”.

    “We expect solid releases due to growing real income, rising consumer confidence in previous months and a boost to consumers’ purchasing power from the lower energy prices”.

    “The Fed’s Dudley (voting member, dovish) will hold a speech on the economic and monetary policy outlook in the US. We will also get US PPI figures”.
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