Retail Sales. US, 14:30 (GMT+2)

At 14:30 (GMT+2), the US will release data on retail sales for July. The figure measures the volume of all goods retailers sold, based on samples of stores of different types and sizes, and is an important indicator of consumer spending, which has a significant impact on gross domestic product (GDP). It may change from 0.6% to 0.5% MoM and from 0.5% to 0.3% on a core basis, putting pressure on the American dollar.

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