Core Retail Sales: Monday

Monthly, the Core Retail Sales are released by the Census Bureau.

The Core Retail Sales Report is the change in the total value of retail sales, excluding automobiles.

Since automobile sales tend too possess great volatility, their data can bring distortion to the underlying data trend.

It’s an important display of consumer spending and when there is positive deviation from the forecast, the Dollar will usually be bullish.

Monday at 8:30am EST, the Core Retail Sales and Retail Sales reports will be released. Keep your eyes on the news Monday for any deviation with these figures.

Also Bernanke will be speaking on Tuesday morning.

Next week is filled with high impact news events which could bring some nice volatility to the market.

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