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German Retail Sales close
# Revised Better / Worse Units: % y/y
Impact Actual Forecast Previous Time Date
Med 3.20 0.50 2.10 01:00 4/30




The change in total value of inflation-adjusted German retail sales.


Monthly. Usually released 30 days after the month ends.

Why should I care?

It measures consumer spending, which is one of the most important indicators of a country's overall economic health. An increase in retail sales is usually positive for the currency as it may spur German consumption and translate to economic growth . On the other hand, weak retail sales are generally bearish for the EUR.


The OlsenScale (SMQ)

The Olsen Scale quantifies the market activity according to the Scale of Market Quakes (SMQ).

Similar to the Richter scale which measures the release of seismic energy during an earthquake, the SMQ relates excessive pricing along various price and time scales to historical data by assigning a single number to it. On a constant basis, the scale therefore characterizes the state of the market.

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Released: Apr 30, 2012 1:00
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