US retail sales simultaneously support stocks and the dollar

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: US retail sales simultaneously support stocks and the dollar
FxPro | 556 วันที่ผ่านมา

US retail sales rose 0.7% in March after a 0.9% jump (revised from 0.6%) in February. An increase of 0.4% was expected. Such strong data reverses the pattern of last month when February's growth did not outweigh January's dip. By last year, retail sales in terms of money rose 4.1%, outpacing inflation of 3.5% y/y.

Retail sales excluding autos rose 1.1%, also comfortably to a record high in money. Meanwhile, purchases of fuel and building materials remain in a downtrend from the second half of 2022.

Strong retail sales growth further placates the doves at the Fed, helping to dampen further the chances of a rate cut in the coming months. At the same time, strong selling coupled with a relatively good start to the reporting season is positive for the stock market, helping the S&P500 and Nasdaq100 bounce off their 50-day moving averages, leaving them within upward trends.

By the FxPro Analyst Team

FxPro
ประเภท: NDD
กฎระเบียบ: FCA (UK), SCB (The Bahamas)
read more
Defensive Demand Lifts Metals as Oil Surges on US Sanctions | 23rd October 2025

Defensive Demand Lifts Metals as Oil Surges on US Sanctions | 23rd October 2025

Global markets traded cautiously as geopolitical tensions resurfaced. Gold eased below $4,250 but held support on risk-off sentiment, while silver climbed above $48.50 on mixed industrial and defensive demand. Oil surged past $60 after US sanctions on Russian energy firms sparked supply concerns. The Dollar steadied near 99.00 amid optimism on a US–China trade deal.
Moneta Markets | 8 ชม. 26 นาทีที่ผ่านมา
Renewed tensions keep risk appetite under wraps

Renewed tensions keep risk appetite under wraps

Sanctions and tariffs are back in the spotlight; Risk markets retreat as sentiment softens; Gold struggles to recover; oil jumps, flirts with $61 level; Dollar remains bid; yen suffering might have legs;
XM Group | 9 ชม. 14 นาทีที่ผ่านมา
WTI crude oil breaks above 61.00

WTI crude oil breaks above 61.00

WTI crude oil prints bullish gap; Rebounds off almost 6-month low; RSI and stochastics continue north-run
XM Group | 10 ชม. 17 นาทีที่ผ่านมา
The British Pound Extends Its Losses

The British Pound Extends Its Losses

The pound remains on the back foot against the US dollar, pressured by growing market conviction that the Bank of England (BoE) will sustain its accommodative monetary policy stance for longer than the US Federal Reserve.
RoboForex | 10 ชม. 23 นาทีที่ผ่านมา
Inflation in Focus as Traders Eye BoE’s Next Move | 22nd October 2025

Inflation in Focus as Traders Eye BoE’s Next Move | 22nd October 2025

Markets traded cautiously as investors awaited UK inflation data, a key driver for the Bank of England’s next move. The Pound held firm ahead of CPI, oil extended gains on improving demand, and the US Dollar stayed soft. Broader sentiment was steady as easing US–China trade tensions balanced inflation-driven uncertainty.
Moneta Markets | 1 วันที่ผ่านมา