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    US retail sales control group likely rose 0.2% m/m in May – Danske Bank Sandeep Kanihama

    Research Team at Danske Bank, suggests that today's US retail sales for May is the last important piece of news ahead of the FOMC meeting tomorrow.Key Quotes“Private consumption surged in April and if we get a decent retail sales report for May, it would support our view that private consumptions rebounded in Q2 after a weak Q1. We estimate the retail sales control group rose 0.2% m/m in May, which is decent given the strong report in April.”


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