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Pressure Mounts on the FED as Retail Sales Disappoint Again

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Pressure Mounts on the FED as Retail Sales Disappoint Again

Introduction

This article was posted on Friday, 15:49, UTC.

Friday Market Recap Asset Current Value Daily Change S&P 500 2449 0.14% DAX 12618 -0.18% WTI Crude Oil 46.49 0.95% GOLD 1227.00 0.86% Bitcoin 2275 -4.23% EUR/USD 1.1441 0.37% Another month, another huge miss in US Retail Sales; that pattern didn’t break this month, as sales actually declined in June. Bastille Day is still mostly bullish for financial markets despite the release, or maybe because of it. Bad economic news is good news again, as it has been for years and years near the financial crisis. With Janet Yellen voicing her concerns in her testimony this week, investors are once…

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Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

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