Switzerland Real Retail Sales (YoY) rises to 3.3% in Apr from -0.8% in Mar

USD/JPY gapped 3 big figures up to 0.9813/48 range

Despite Japanese annualised GDP printing a better than expected number, the pair USD/JPY rebounded strongly and is opening in European session 300 pips higher from last weeks low.
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Switzerland: Real Retail Sales grow more than expected in April

Year-over-year the Swiss Real Retail Sales increased by 3.3% in April, compared with the 0.8% drop the previous month, according to data released today by the Swiss Federal Statistical Office.
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