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This Thursday 16 Jan at 01:30 PM GMT the latest US Retail Sales MoM number will be released.
If the number is less than than economists’ consensus there is a 80% probability that UB will trend down following the news event.
This probability is based on the last 12 US Retail Sales MoM events, in which 4 of the last 6 events where the actual number was less than than the economist consensus resulted in an down trend of UB.
Here are images of the past events:
Wednesday 16 Oct at 12:30 PM GMT:
Wednesday 15 May at 12:30 PM GMT:
Monday 01 Apr at 12:30 PM GMT:
Thursday 14 Feb at 01:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance