Prior month 0.3%
The retail sales MoM gain is the highest since May 2014. Good number vs estimates.
The data showed that declines in household spending and retail sales have narrowed since August. The August data was impacted by poor weather.
The tight job market has not resulted in significant wage gains. Earlier the unemployment rate stayed steady at 3% while the job to applicant ratio increased to the highest level since August 1991.
Retail Trade YoY comes in at -0.1% vs -1.6% estimate. The prior month was revised to -1.7% from -1.9% originally reported.
Stronger than expected.
The USDJPY has pushed to new session lows after the data at 111.60
The EURJPY is trading down to 118.56. The 200 day MA is at 118. 54.
The GBPJPY is also trading lower and tests the 200 hour MA at the 138.44 Key support level that should solicit some bids but stops on a break below (risk is defined and limited).
