The release of today's key economic figures provides insights into the current economic trajectory. Retail sales and producer price data from the US are under scrutiny, while employment figures from the Eurozone highlight ongoing labor market dynamics. These data points are critical in gauging economic health and formulating monetary policy, potentially influencing global markets and currency valuations today.
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Retail Sales YoY (Sep) | 2025-11-14 13:30:00 | 5% | N/A | 3.9% | N/A | High |
| Retail Sales YoY (Oct) | 2025-11-14 13:30:00 | N/A | N/A | 2.7% | N/A | High |
| Retail Sales MoM (Sep) | 2025-11-14 13:30:00 | 0.7% | N/A | 0.4% | N/A | High |
| Retail Sales MoM (Oct) | 2025-11-14 13:30:00 | N/A | N/A | 0.3% | N/A | High |
| Retail Sales Ex Gas/Autos MoM (Sep) | 2025-11-14 13:30:00 | 0.7% | N/A | -0.5% | N/A | High |
| Retail Sales Ex Gas/Autos MoM (Oct) | 2025-11-14 13:30:00 | N/A | N/A | 0.2% | N/A | High |
| Retail Sales Ex Autos MoM (Sep) | 2025-11-14 13:30:00 | 0.7% | N/A | 0.3% | N/A | High |
| Retail Sales Ex Autos MoM (Oct) | 2025-11-14 13:30:00 | N/A | N/A | 0.2% | N/A | High |
| Producer Price Index MoM (Sep) | 2025-11-14 13:30:00 | -0.1% | N/A | 0.3% | N/A | High |
| Producer Price Index MoM (Oct) | 2025-11-14 13:30:00 | N/A | N/A | 0.4% | N/A | High |
๐ฃ๏ธ Economic Interpretation: The expected decline in retail sales figures suggests potential caution among consumers, possibly due to inflationary concerns or economic uncertainty. Conversely, anticipated rises in the Producer Price Index (PPI) may indicate burgeoning production costs that could impact inflation and consumer prices.
๐ Currency Impact: Should the actual figures align with or exceed expectations, the USD could experience strengthening. However, disappointing data relative to forecasts could exert downward pressure on the currency.
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Employment Change YoY (Q3) | 2025-11-14 10:00:00 | 0.6% | 0.5% | 0.4% | -0.1% | High |
| Employment Change QoQ (Q3) | 2025-11-14 10:00:00 | 0.1% | 0.1% | 0.1% | 0% | High |
๐ฃ๏ธ Economic Interpretation: The YoY decrease in employment growth, although slight, may underscore challenges in the Eurozone labor market, potentially stemming from economic headwinds or structural adjustments. The flat QoQ change suggests stabilization but at subdued levels amid prevailing uncertainties.
๐ Currency Impact: A softer employment landscape could weaken the EUR if perceived as a sign of broader economic malaise. However, alignment with forecasts might mitigate adverse impacts, thereby offering support to the EUR.
๐ The upcoming US retail and PPI data are poised to exert significant influence, where deviations from estimates could drive notable USD volatility. For the EUR, employment metrics remain crucial, with slight misses unlikely to cause major shifts but substantive for longer-term trend assessments. Overall, today's figures lean towards a neutral to cautiously optimistic stance, with data being largely supportive for USD if expectations hold, while EUR may face slight pressure amid mixed labor indications.