What is it? It checks the change in the total value of sales at the retail level.
It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
Usual Effect: If the number is higher than the forecast, you can expect the JPY to rise.
When? October 27th at 7:50pm Eastern Time.
Trading Tip: This announcement can greatly affect the JPY, make sure to make your trades before.
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