The report of April US Retail Sales showed figures below expectations. Total sales were unchanged from March, as the market consensus was for an increase of 1%. In March they had shot up 10.7%, a figure revised up from 9.8%.
The retail control group sales fell 1.5%, a larger than expected 0.2% decline. On the positive side, the March data went from + 6.9% to + 7.6%.
Regarding the sales without taking into account vehicles se gave an unexpected drop of 0.8%, being that the expectation was for a rise of 0.7%. The previous month they had risen 9% (revised from 8.4%).
The dollar it pulled back in the market after the data, on all fronts, even against emerging markets. Wall Street futures fell, and Treasury yields fell as well.
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