Discover how data surprises move markets and influence investments - US retail sales ...Middle East

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Discover how data surprises move markets and influence investments - US retail sales
Data coming up on Wednesday, 17 January 2024 from the US includes December retail sales. Preview here:Goldman Sachs: What we expect from tomorrow's US retail sales print?Here's a look at the range of expectations (the 'why do this?' follows just below)Retail sales ex-auto m/m range of estimates is -0.1% to 0.3%Retail Sales m/m range of estimates is 0.0% yo 0.6%ps. It's a big day from the Federal Reserve also, with NY President Willaims (and others) speaking, and the release of the Beige Book. I'll have more to come on these separately. ***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 se

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