#USRetailSalesMissForecast
US Retail Sales just came in below expectations, signaling that consumer spending may be cooling faster than markets anticipated. Since retail activity is a major driver of U.S. GDP, a miss like this raises fresh concerns about economic momentum heading into the next quarter.
For crypto and equities, weaker retail sales can cut both ways. On one hand, it hints at slowing growth and risk-off sentiment. On the other, softer data increases speculation that the Federal Reserve could ease policy sooner than expected.
Traders should watch bond yields, the DXY, and Bitcoin’s reaction closely. Volatility may rise as macro narratives shift.
