ByJin Dao Tai
AUG 18, 2021
Yesterday, USD strengthened against all major currencies.
The retail sales m/m data released yesterday indicated a decline in consumer spending amid the rising fear over the Delta variant of the COVID virus.
- Core Retail Sales m/m (Actual: -0.4%, Forecast: 0.2%, Previous: 1.6% revised from 1.3%)
- Retail Sales m/m (Actual: -1.1%, Forecast: -0.2%, Previous: 0.7% revised from 0.6%)
The housing data will be released later at 2030 (GMT+8).
- Building Permits (Forecast: 1.61M, Previous: 1.59M revised from 1.60M)
- Housing Starts (Forecast: 1.60M, Previous: 1.64M)
The Federal Reserve will be releasing the minutes for the recent monetary policy meeting tomorrow at 0200 (GMT+8).
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