— News Update —

🕒 1:30 PM (GMT time)

🔴 USD – Core Retail Sales m/m

• Forecast: 0.3%

• Previous: 0.5%

🔴 USD – Retail Sales m/m

• Forecast: 0.4%

• Previous: 0.6%

📌 Market Impact:

• Retail Sales measure consumer spending, a key driver of US economic growth

• Core Retail Sales exclude auto sales for a clearer demand signal

• Stronger-than-expected data → Consumer spending improves → USD strength → Gold under pressure

• Weaker-than-expected data → Consumption slows → USD weakness → Gold supported