The figures of retail sales June were better than expected, which generated a small rise in the dollar in the market. Sales in June increased 0.6%, contrary to the market consensus which was for a 0.4% drop. In May there had been a fall of 1.3%, a figure that was revised to -1.7%.
The sales without taking into account cars rose 1.3%, beating the average analyst forecast for a 0.4% increase. In May there was a decrease of 0.9% (revised from -0.7%). The retail control group sales they climbed 1.1%, more than the 0.4%, expected although the previous data was also revised down from -0.7% to -1.4%.
Later on Friday the report of Consumer Confidence from University of Michigan July and May business inventory report.
The dollar it rose marginally after the report. While the main data beat expectations, the negative revision of the previous month softened the main numbers for June.
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