Data on Real Retail Sales for February is due in Switzerland at 10:15 am (GMT+2). The data measures changes in the volume of retail sales and is followed as an indicator of consumer confidence. A growth in retail sales represents a growth in consumption and has a positive impact on the economy. A fall in the index is seen as a negative factor for the economy. A high reading strengthens the Franc, while a low reading weakens the Franc.
Materials published on this page are provided by LiteForex for informational purposes only and should not be construed as investment advice or advice for the purposes of 2004/39/EC Directive. In addition, these materials have not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on the further distribution of investment research.