Upcoming US Core Retail Sales Release on April 16
The release of the US Core Retail Sales data on April 16, 2025, is expected to provide insights into the current state of the US economy. Here's what you need to know:
What is Core Retail Sales?
Core Retail Sales is an economic indicator that measures the change in retail sales in the United States, excluding automobile and gasoline sales. This indicator is important because it reflects consumer spending, which is a major component of economic growth.
Impact on Financial Markets
The release of Core Retail Sales data can impact financial markets, particularly the US dollar and stocks. If the data shows a higher-than-expected increase in retail sales, the US dollar is likely to strengthen. Conversely, if the data shows a decline in retail sales, the US dollar is likely to weaken.
Tips for Trading during Economic Data Releases
Here are some tips for trading during economic data releases [1]:
- *Monitor the economic calendar*: Be prepared to trade during economic data releases.
- *Close trading positions*: Avoid opening trading positions before economic data releases to minimize risk.
- *Use stop-loss orders*: Set stop-loss orders to limit losses if the market moves against your position.
By understanding the Core Retail Sales data release and following these trading tips, you'll be better prepared to navigate market volatility on April 16, 2025.$BTC