‘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
Financial Times /
npub1ey5…tq7p
2024-04-15 20:22:16
Author Public Key
npub1ey55s7y4px7nuw9qq987mhc2lm8qp30xvyrkgqk9p626n78zfcxqw0tq7pPublished at
2024-04-15 20:22:16Event JSON
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"content": "‘Blowout’ US retail sales shake bond and currency markets\n==========\n\nUS 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.\n\n\n\nhttps://www.ft.com/content/c2879370-192c-438b-ba01-7a99788f459a",
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