US retail sales control group likely rose 0.2% m/m in May – Danske Bank

Research Team at Danske Bank, suggests that today's US retail sales for May is the last important piece of news ahead of the FOMC meeting tomorrow.

Key Quotes

“Private consumption surged in April and if we get a decent retail sales report for May, it would support our view that private consumptions rebounded in Q2 after a weak Q1. We estimate the retail sales control group rose 0.2% m/m in May, which is decent given the strong report in April.”

US: Expect a soft print for retail sales - Scotiabank

Derek Holt, Research Analyst at Scotiabank, suggests that the US retail sales during May are arriving the day before the FOMC statement and we expect
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UK CPI inflation expected at 0.5% y/y for May – RBC CM

Research Team at RBC, forecasts UK’s CPI inflation of 0.5% y/y for May, up from 0.3% y/y in April. Key Quotes “For RPI inflation, we see a jump to 1
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