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This Friday 16 Jul at 12:30 PM GMT the latest US Retail Sales MoM number will be released.
If the number is less than than economists’ consensus there is a 87.5% probability that GC will trend down following the news event.
This probability is based on the last 12 US Retail Sales MoM events, in which 7 of the last 8 events where the actual number was less than than the economist consensus resulted in an down trend of GC.
Here are images of the past events:
Tuesday 15 Jun at 12:30 PM GMT:
Tuesday 16 Mar at 12:30 PM GMT:
Friday 15 Jan at 01:30 PM GMT:
Wednesday 16 Dec at 01:30 PM GMT:
Tuesday 17 Nov at 01:30 PM GMT:
Wednesday 16 Sep at 12:30 PM GMT:
Friday 14 Aug at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance