Eurozone April retail sales +0.1% vs +0.1% m/m expected

Prior -0.1%Retail sales y/y +2.3% vs +1.3% expectedPrior +1.5%

Retail sales remain on a strong trend. The increased fiscal spending and ECB rate cuts should keep the momentum going.

This article was written by Giuseppe Dellamotta at www.forexlive.com.