US advance retail sales March mm -0.3% vs +0.1% exp

US March retail sales report now out 13April

– 0.0% prev from -0.1%

– ex-auto mm (core retails) +0.2% vs +0.4% exp vs 0.0% prev from -0.1%

– ex auto and gas  +0.1% vs +0.3% exp vs +0.6% prev from +0.3%

Softer headline data sees USD lower across the board but moves should be tempered by better revisions. Core retails below expectations but better than previous.

sumber: