US March retail sales report now out 13April
- 0.0% prev revised up from -0.1%
- ex-auto mm (core retails) +0.2% vs +0.4% exp vs 0.0% prev revised up from -0.1%
- ex auto and gas +0.1% vs +0.3% exp vs +0.6% prev revised up from +0.3%
- control group +0.1% vs +0.4% exp vs 0.0% prev
- gasoline sales +0.9% vs -5.4% in Feb
- cars/parts sales -2.1% as prev
- clothing -0.9%
Softer headline data sees USD lower across the board but moves should be tempered by better revisions. Core retails below expectations but better than previous.
Update: 12.50 GMT: GBPUSD stalling at 1.4255 and back to 1.4243. USDJPY tested 109.00 support/bids and back to 109.18. EURUSD 1.1313 from 1.1326
