Financial Times on Nostr: ‘Blowout’ US retail sales shake bond and currency markets ========== US retail ...
‘Blowout’ US retail sales shake bond and currency markets
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US retail sales have had a significant impact on bond and currency markets. The blowout sales figures have caused concern among investors, leading to a sell-off in bonds and a strengthening of the US dollar. The retail sales data showed a 9.8% increase in March, far surpassing expectations. This surge in consumer spending has raised concerns about inflation and the potential for the Federal Reserve to tighten monetary policy sooner than expected. The impact of these retail sales on the bond and currency markets highlights the importance of economic data in shaping market sentiment.
https://www.ft.com/content/c2879370-192c-438b-ba01-7a99788f459a
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US retail sales have had a significant impact on bond and currency markets. The blowout sales figures have caused concern among investors, leading to a sell-off in bonds and a strengthening of the US dollar. The retail sales data showed a 9.8% increase in March, far surpassing expectations. This surge in consumer spending has raised concerns about inflation and the potential for the Federal Reserve to tighten monetary policy sooner than expected. The impact of these retail sales on the bond and currency markets highlights the importance of economic data in shaping market sentiment.
https://www.ft.com/content/c2879370-192c-438b-ba01-7a99788f459a