retail sales are expected to be boosted year on year due to late easter effect. however brc sales released earlier painted a different picture, with sales lower.
these two dont always go hand in hand but does suggest some caution as it appears market is set for a big number.
re mpc minutes, the risk is of disappointment and a 9-0 print, with little talk of dissent but continued talk of working through slack. admittedly recent data which the mpc was not privy to have been a bit softer than at the time of the meet, but its not likely to have been enough at the time to sway from the to date theme.
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Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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