Retail Sales - July retail sales increased by 05% month-over-month, closely aligning with the expected 06% increase [2] - Excluding autos, retail sales still showed growth, increasing by 03%, as expected [3] - Core retail sales, or the control group, increased by a strong 05%, exceeding expectations [4] - Revisions to previous months' data show upward adjustments, with headline retail sales revised from 06% to 09%, and core retail sales revised from 05% to 08%, indicating solid growth [5] Import and Export Prices - Import prices increased by 04% month-over-month, exceeding expectations and marking the highest level since April 2024 [5][6] - Excluding petroleum, import prices still rose by 03% month-over-month, matching the high of April [6] - Year-over-year, import prices decreased by 02%, marking the third consecutive month of decline at that rate [7] - Export prices increased by 01% month-over-month and 22% year-over-year [7] - Revisions to import prices show a decrease of 01% month-over-month [8] Manufacturing and Interest Rates - Empire Manufacturing came in at a strong 119%, the second highest of the year outside of March [8] - Interest rates have slightly increased, with the 10-year Treasury yield moving from 429% to 430% [8]

US retail sales rose in July in a broad-based advance, boosted by car sales and major online promotions in a sign consumers stepped up their spending in recent months. https://t.co/LZR3Atk3NM ...

Geopolitical Events - The Trump administration is said to be discussing a meeting between Trump and Putin in Alaska [1] Business and Finance - The Trump administration is reportedly discussing taking a stake in Intel [1] - Retail sales data is in focus [1]

Economic Indicators - China's July industrial production increased by 57% year-over-year, below the expected 59% [1] - Retail sales in China increased by 37% year-over-year in July, also below the expected 46% [1] - The surveyed urban unemployment rate in China was 52% in July, higher than the expected 51% [1] - Fixed asset investment in urban areas of China increased by 16% year-to-date through July, below the expected 27% [1]

Retail Sales Performance - Brazil's retail sales unexpectedly fell in June [1] - This marks the third consecutive drop in retail sales [1] Economic Outlook - The drop in retail sales is the latest sign that Latin America's biggest economy is cooling down [1]

Retail Sales Performance - Australian retail sales exceeded forecasts in the final reading [1] Monetary Policy Implications - Strong retail sales data contradicts recent data supporting a potential interest rate cut by the Reserve Bank as early as next month [1]

Retail sales in Toronto are lagging the rest of Canada, as the region that depends on manufacturing exports shows signs of struggling economic growth https://t.co/BTwhZbFvLx ...

Canadian retail sales are flashing a warning sign of weaker spending by consumers who may be increasingly worried about rising prices and their job prospects https://t.co/0jw3dhNtLM ...

July is a major month for consumer deals, but are the discounts sufficient to lift retail sales and consumer confidence. Well, if current retail sales report is any indication, then consumers are still spending and are a bit less concerned than they were a month or two ago. Consumers ramped up spending more than economists anticipated.A sign of resiliency among American shoppers despite concerns that President Trump's tariffs are weighing on the economy. Retail sales rose by6 month overmonth, reversing a.9% ...

June Retail Sales Beat Expectations As Americans Kept Spending https://t.co/d7A5QHoxuQ ...