Preview: What to watch for in the May US retail sales report ...Middle East

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Preview: What to watch for in the May US retail sales report
source : forex live ( Middle East ) () 21
This will be an unusual US trading week with a holiday sandwiched in the middle on Wednesday. Before that, we get the data highlight of the week with the May US retail sales report. The consensus is for a 0.2% rise following a flat number in May.The question on my mind is if we're switching to a mode where the market gets increasingly worried about US growth and begins to fret that the Fed is falling behind the curve. A tell will be in the market reaction to whatever the data is because for the past 18 months there has been a bad-news-is-good-news trading theme and I'm not sure it will survive the summer.Drilling down into the report, the most-important metric will be the control group, or r

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