USD Retail Sales (MoM) Data 15-05-2020

The retail Sales released by the US Census Bureau measures the total receipts of retail stores. Monthly percent changes reflect the rate of changes of such sales. Changes in Retail Sales are widely followed as an indicator of consumer spending. Generally speaking, a high reading is seen as positive (or bullish) for …

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China’s Economic Growth Remains Robust Amid Strong Retail Sales

Gold Silver Reports (GSR) – China’s Economic Growth Remains Robust Amid Strong Retail Sales — Steady growth offers support for President Xi Jinping’s mission to shore up financial stability, one of Beijing’s top goals along with reducing poverty and curbing pollution. The robust pace of expansion is a tailwind for the global economy which is seen maintaining its solid performance this year, providing needed support in the form of strong demand for China’s exports.

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