US Retail Sales Ex Autos MoM (Mar) M/M 1.9% vs. Exp. 1.4% (Prev. 0.5%, Low. 0.3%, High. 2.2%)
The US retail sales data for March came in at 1.9%, exceeding expectations of 1.4%, which suggests stronger consumer spending than anticipated.
US President Trump, on Fed Chair nominee Warsh says, the probe into Powell is correct, reiterates criticism of the elevated building costs "we need to find out why it costs close to USD 4bln", speaking to CNBC
US President Trump says he thinks they will end up with a great deal, speaking to CNBC; Iran has no choice, it is regime change no matter what you want to call it. In a strong negotiating position.
US Retail Sales Ex Autos MoM (Mar) M/M 1.9% vs. Exp. 1.4% (Prev. 0.5%, Low. 0.3%, High. 2.2%)
Three issuers are likely to sell new investment-grade bonds in the US primary market on Tuesday, according to a Bloomberg poll of syndicate underwriters
Goldman Sachs (GS) CEO Solomon says it is very reasonable oil at USD 80-100/bbl in 3-6 months
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This significant beat, especially in comparison to the prior print of 0.5%, could imply a more robust economic backdrop, potentially influencing monetary policy and market sentiment as growth-outlook dynamics shift.
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