Following the release of CPI and PPI figures, tonight will see the release of the US July retail sales data, often referred to as "the terror data." The market currently expects retail sales to grow by only 0.1% month-on-month. With increasing internal divisions within the Federal Reserve and international gold prices retreating from the $4,400 mark, this data, reflecting consumer willingness and purchasing power, could be a key catalyst. Stay tuned!
