Retail sales of food and retail companies with one or more establishments that sell merchandise and associated services to final consumers are slated to be released at 8:30 am ET. For March, economists estimate a 0.3 percent increase in retail sales and a 0.6 percent increase in retail sales that exclude autos. Sales, excluding autos and gasoline, may have risen 0.5 percent.
The results of the New York Federal Reserve's empire state manufacturing survey, which elicits response from 200 manufacturing executives in New York state, is slated to be released at 8:30 am ET. The headline general business conditions index for April is expected to come in at 18.
The US dollar held steady against its major counterparts ahead of the data. As of 8:25 am ET, the greenback was trading at 1.5825 against the pound, 0.9235 versus the Swiss franc, 1.3023 against the euro and 80.75 against the yen.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.