The consensus expectations are in the screenshot below. The ranges to watch:Retail Sales m/m 0.2% to 1.1%For the PPI y/y 1.1% to 1.2%and for Initial Jobless Claims, 208K to 220K***Why is knowledge of such ranges important?Data results that fall outside of market low and high expectations tend to move markets more significantly for several reasons:Surprise Factor: Markets often price in expectations based on forecasts and previous trends. When data significantly deviates from these expectations, it creates a surprise effect. This can lead to rapid revaluation of assets as investors and traders reassess their positions based on the new information.Psychological Impact: Investors and traders ar
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