{"id":22343,"date":"2011-07-14T09:21:33","date_gmt":"2011-07-14T13:21:33","guid":{"rendered":"http:\/\/www.forexyard.com\/blog\/en\/?p=14974"},"modified":"2011-07-14T09:21:33","modified_gmt":"2011-07-14T13:21:33","slug":"us-retail-sales-reports-conflicted","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/07\/14\/us-retail-sales-reports-conflicted\/","title":{"rendered":"US Retail Sales Reports Conflicted"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/8.jpg\" width=\"120\"  alt=\"printprofile\" \/><\/p>\n<p>The two major reports on retail sales out of the American economy this afternoon painted a mixed picture. The core value of retail sales saw zero movement, with an actual reading of 0%, below forecasts for 0.1% growth. The value of nominal retail sales, however, revealed a somewhat different picture.<\/p>\n<p><span id=\"more-14974\"><\/span>Nominal retail sales for July appear to have grown by 0.1%, beating forecasts which were expecting a contraction by 0.1%. Overall the data seems to cancel itself out and bear little weight on today\u2019s currency markets. But the <a href=\"http:\/\/www.forexyard.com\/blog\/en\/2011\/07\/14\/dollar-consolidates-losses-after-moody%E2%80%99s-puts-us-rating-on-review\/\">broader picture<\/a> does seem to favor very weak growth in the US retail sector, which both supports mild steps towards riskier assets by investors and a call for another round of quantitative easing in the face of such economic reports.<\/p>\n<p>Read more forex trading news on our <a href=\"http:\/\/www.forexyard.com\/blog\/en\/\">forex blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> The two major reports on retail sales out of the American economy this afternoon painted a mixed picture. The core value of retail sales saw zero movement, with an actual reading of 0%, below forecasts for 0.1% growth. The value of nominal retail sale&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-22343","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=22343"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22343\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=22343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=22343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=22343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}