What to Make of the Retail Sales Rebound in March
The US Census Bureau, which releases a monthly report on US retail sales, conducts an advance monthly survey of retail trade and food service companies to establish an early estimate of sales for the month.
The US Bureau of Labor Statistics releases a monthly report that tracks price trends in wholesale markets.
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The Japanese yen (JYN), a safe haven asset, has failed to appreciate despite an increase in uncertainty in recent weeks.
The British pound (FXB) appreciated by 1.1% against the US dollar (UUP) in the week ended April 13.
The euro-US dollar (FXE) exchange rate closed the week ended April 13 at 1.2, with the euro appreciating 0.39% against the dollar (UUP).
The US dollar (UUP) came under pressure after Donald Trump fired off a tweet about Russia and China on Monday.
The “Job Openings and Labor Turnover Survey” (or JOLTS) data for February was reported on April 13, and it contains information about job openings and total separations.
The BLS released the “Job Openings and Labor Turnover Survey” for February on April 13.
According to data provided by the United States Census Bureau, US retail sales rose 0.6% in March as compared to a fall of 0.1% in February 2018.