German Retail Sales data for January is due at 09:00 (GMT+2). Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). On a monthly basis, it will likely grow from –1.6% to 0.1%, and on an annual basis from 1.8% to 2.5%, which could have a positive impact on the euro's position.
