Analysts at Nomura are forecasting a steady 0.4% m-o-m increase in US June core (“control”) retail sales after a solid 0.5% m-o-m in May, consistent with firm momentum in personal spending in Q2. Key Quotes “Among noncore components, sales at auto and parts dealerships likely rose solidly given a strong increase in total light vehicle sales reported by WardsAuto. In addition, the reversion in retail gasoline prices in June from their highs in May suggests that receipts at gasoline station likely increased at a much more modest pace in in June after a sharp 2.0% m-o-m increase in May. Excluding autos, we forecast 0.3% m-o-m increase in retail sales. Altogether, we expect a 0.5% m-o-m gain in total retail sales in June.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: Expect a solid increase in business inventories – Nomura FX Street 5 years Analysts at Nomura are forecasting a steady 0.4% m-o-m increase in US June core ("control") retail sales after a solid 0.5% m-o-m in May, consistent with firm momentum in personal spending in Q2. Key Quotes "Among noncore components, sales at auto and parts dealerships likely rose solidly given a strong increase in total light vehicle sales reported by WardsAuto. In addition, the reversion in retail gasoline prices in June from their highs in May suggests that receipts at gasoline station likely increased at a much more modest pace in in June after a sharp 2.0% m-o-m increase in May. Excluding… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
