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This Friday 14 Feb at 01:30 PM GMT the latest US Retail Sales MoM number will be released.
If the number is greater than than economists’ consensus there is a 80% probability that GC will trend up following the news event.
This probability is based on the last 12 US Retail Sales MoM events, in which 3 of the last 6 events where the actual number was greater than than the economist consensus resulted in an up trend of GC.
Here are images of the past events:
Friday 15 Nov at 01:30 PM GMT:
Thursday 15 Aug at 12:30 PM GMT:
Thursday 18 Apr at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance