🪙IF YOU WANT TO TRADE -> CONSIDER THIS INFORMATION!!! 🫰
[US Retail Sales]
📎What it is: Measures the total value of goods sold by retailers (stores, online shops) across the country.
🖇Why it matters: It’s a direct signal of how much consumers are spending. Since consumer spending makes up about two-thirds of the US economy, strong retail sales usually mean a healthy economy.
Market impacts:
•Stock market: Higher-than-expected retail sales often lift shares of retail companies and signal broader economic strength, which can boost overall stock indices.
•Forex (currency) market: Strong data can push the US dollar higher because traders expect the Fed may keep or raise interest rates to cool an overheating economy.
[[US Non-Farm Payrolls (NFP)]]
📎What it is: Counts the number of new jobs created in the US economy each month, excluding farm workers, government employees, private household staff, and non-profit workers.
🖇Why it matters: It’s one of the most closely watched indicators of labor market health. A strong jobs report suggests wage growth and consumer confidence, while a weak report can signal economic slowdown.
Market impacts:
•Stock market: A surprisingly high NFP figure can lift markets by signaling robust economic growth; a low figure can trigger sell-offs over recession fears.
•Forex market: Big job gains usually strengthen the US dollar as traders anticipate tighter Fed policy; unexpectedly weak jobs data can weaken the dollar.
In simple terms:
•Retail Sales = how much people are buying → shows consumer health.
•NFP = how many new jobs were created → shows labor market health.
Both release major “surprises” (big beats or misses) can move global markets by changing expectations for economic growth, inflation, and Federal Reserve interest-rate decisions.