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U.S. Economy

US Retail Sales (Jul MM) -0.6% vs. Exp. 0.1% (Prev. 0.2%)

StockNow breaking-news AI analysis

July retail sales missed expectations with a -0.6% decline, driven by a 21% plunge in auto sales, leading markets to reduce the probability of a September Fed rate hike.

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Global Economy

European GDP Growth Rate 2nd Est (Q2 YY) 1.0% vs. Exp. 1% (Prev. 0.5%)

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US Retail Sales (Jul YY) 5% (Prev. 6.7%)

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