Retail Sales Climb In The U.S., Best in Three Months

usflag

Retail Sales rose 0.6% in May, higher than the forecast 0.4%. Low borrowing costs in the U.S. seem to be encouraging people to spend money.

Eight of thirteen major retail categories showed gains in May, led by the largest increase in auto dealership purchases in 6 months, according to Bloomberg.

U.S. Unemployment Claims

Last week, less Americans applied for unemployment benefits than economists predicted. The 354,000 forecast was preceded by a 334,000 actual reading. Last week’s claims show a 12k drop from the week prior.

For news updates and more fundamental analysis, follow me on Twitter. Follow the Winner’s Edge account, Casey’s twitter account, Nathan’s twitter account, and Tim’s twitter account too for Forex analysis, and trade ideas!

For Nathan’s most recent Technical Analysis click here!

here_for_you_001

1359774937_facebook 1359774984_linkedin 1359774949_twitter 1359774960_google 1359774973_rss 1360027635_youtube
Connect_With_Winners_Edge

Get trade set ups everyday!

The following two tabs change content below.
Winners Edge Trading was founded in 2009 and is working to create the most current and useful Forex information and training available on the internet.

Winner’s Edge Trading, as seen on:

Winner's Edge Trading in the news