
At 15:30 (GMT+2), the US will release December retail sales data, which measures the volume of all goods sold by retailers across a sample of stores of different types and sizes — a key indicator of consumer spending that has a significant impact on gross domestic product (GDP) The figure is likely to decelerate from 0.6% to 0.4% on a monthly basis and from 0.5% to 0.4% on an annual basis, which could exert downward pressure on the USA dollar exchange rate.

