empty
 
 
Stai per lasciare
www.instaforex.eu >
il sito gestito da
INSTANT TRADING EU LTD
Apri un conto

05.10.202009:42 Forex Analysis & Reviews: Retail sales in Europe (EUR/USD on 05.10.2020 for beginners)

Queste informazioni sono fornite ai clienti al dettaglio e professionisti come parte della comunicazione di marketing. Non contiene e non deve essere interpretata come contenente consigli di investimento o raccomandazioni di investimento o un'offerta o una sollecitazione a impegnarsi in qualsiasi transazione o strategia in strumenti finanziari. Le performance passate non sono una garanzia o una previsione delle performance future. Instant Trading EU Ltd. non rilascia alcuna dichiarazione e non si assume alcuna responsabilità in merito all'accuratezza o completezza delle informazioni fornite, o qualsiasi perdita derivante da qualsiasi investimento basato su analisi, previsioni o altre informazioni fornite da un dipendente della Società o altri. Il disclaimer completo è disponibile qui.

Today, the data on retail sales in Europe are published. This indicator is pretty significant and has a certain impact on the market. But how? To know this, you must understand what is really behind this seemingly simple and understandable indicator.

Exchange Rates 05.10.2020 analysis

Most people put an equal sign between the economy and money. Therefore, they mostly conclude that macroeconomic statistics only show changes in the volume of the money supply. And in terms of retail, everything seems quite simple - they say that merchants have raised prices, revenue has increased, and that's the growth of retail sales. In practice, however, everything is much more interesting. Or in other words, it's not like that at all. As a matter of fact, economists have long been aware of the problem of price volatility, and if everything is considered only in money, it is completely unclear how exactly sales volumes have changed. Basically, it is not how much money the seller received for his brooms, but how many of these very brooms were sold. Thus, in economic statistics, prices are removed. They do not count money, but the number of brooms, cups, kilograms of potatoes, and so on and so forth. In simple terms, the calculation method itself is radically different from a commonplace view.

Exchange Rates 05.10.2020 analysis

This leads to a simple conclusion that if physical sales volumes are growing, then sellers need more workers. After all, they need people to carry all these countless boxes of goods, put everything on the shelves and serve customers at the checkout. Consequently, the growth of retail sales creates prerequisites for employment growth, which will be reflected in a decrease in the unemployment rate.

Exchange Rates 05.10.2020 analysis

In addition to the fact that the growth of retail sales creates prerequisites for reducing unemployment in the near future, this also affects the industry. Since all these products must be produced first, the industry will also increase the output of goods. This will inevitably have an impact on the profits of manufacturers. Furthermore, these producers may also need additional workers, again contributing to reduce the unemployment rate.

Exchange Rates 05.10.2020 analysis

Equally essential is the fact that trade is one of the most important segments of the economy, especially for Western countries, where trade accounts for between a quarter and a third of the total GDP. Therefore, the growth of retail sales has a serious influence on the growth of the economy as a whole.

Exchange Rates 05.10.2020 analysis

The only significant problem here is that there is no direct correlation between the growth of retail sales on one hand, and the growth of employment and industry on the other. Sales growth only increases the potential for growth in other sectors of the economy, but it does not guarantee them. So, the growth of retail sales in terms of markets improves expectations. Nevertheless, this is quite enough, since the markets themselves live by these expectations. Thus, the assumed acceleration of retail sales growth in Europe from 0.4% to 1.8% will be sufficient reason for the growth of the single European currency. And in today's situation, the benchmark is 1.1750.

Retail sales (Europe):

Exchange Rates 05.10.2020 analysis

Eseguito da Mark Bom
Esperto analista di InstaForex
© 2007-2024

Apri un conto di trading

Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.




Stai per lasciare www.instaforex.eu, il sito Web gestito da INSTANT TRADING EU LTD
In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.

Turn "Do Not Track" off