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US June retail sales came in at $768.55 billion seasonally adjusted, up 0.2% from May and exactly in line with consensus, while May's gain was revised up to 1.0% from 0.9%. The in-line but decelerating consumer print keeps the soft-landing narrative intact without forcing a repricing of Fed rate-cut expectations, a mildly supportive backdrop for UST yields, the dollar, and risk assets including BTC. Watch whether upcoming consumption and labor data confirm a gradual cooldown rather than a sharper demand rollover, which would shift the read from rate-cut supportive to earnings-negative.
As a Macro signal, watch whether it changes price action, volatility, or flows around GSPC, IXIC, KRW=X.
Original Source: 연합인포맥스
This page is market information analysis, not investment advice.
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