Daily Economic Calender 13/09/2019
Daily Economic Calender 13/09/2019
We only show you the most important economic events during this day with some information about each economic event and its impact on the market.
This economic calendar is in US time.
-----------------------------------------------------------------
Friday 13/09
(1)
Core Retail Sales m/m : 2:30pm
Currency : USD
Actual : ..............
Forecast : 0.1%
Previous : 1.0%
Measures
In the US, the index measures retail sales of both goods and services over a specified period on a monthly basis. In addition, retail sales are seasonal and volatile; however, they are relatively important for the overall economy. The Core Retail Sales Index measures the change in retail sales in the US, excluding auto sales. This is an important indicator of consumer spending; it also shows the performance of the US economy.
Impact
Real larger than expected good for the currency
Notes
This is an important indicator of consumer spending. Retail sales account for nearly half of total consumer spending and one-third of economic activity. Car sales make up 20% of retail sales, but they are very volatile and may lead to inaccurate direction. Thus, the data at their fundamental value is a good measure of spending trends.
Also known as
Retail sales excluding car sales.
Details of issuance dates
Is issued monthly within about 13 days after the end of the month
-----------------------------------------------------------------
(2)
Retail Sales m/m : 2:30pm
Currency : USD
Actual : ..............
Forecast : 0.2%
Previous : 0.7%
Information
Measures the total value of retail sales and amounts received in stores and services provided to the consumer on a monthly basis. The data is compiled by the US Bureau of Statistics monthly retail sales survey. The index includes consumer spending on durable and non-durable goods.
Impact
Real larger than expected good for the currency
Notes
Consumer spending accounts for two-thirds of GDP and is therefore an important factor for economic growth. If the index is high, it is positive for the currency, and vice versa.
The importance of the event for traders
It is a leading indicator of consumer spending. Retail sales data not only give an overview of the economy, but also represent the trends of many retailers. These trends reflect investment opportunities without waiting for the company's quarterly or annual report.
Also known as
Primary Retail Sales
Details of issuance dates
Is issued monthly within about 13 days after the end of the month
ليست هناك تعليقات