Australian retail sales grow slightly

In February, Australian retail sales grew by 0.2%, just higher than the expected 0.1%, but well below the 1.9% recorded in January. Price levels remain high in the country, with Mitrade anticipating a 7.1% increase in tomorrow’s annual inflation data reading. AUD/USD edged up 4 pips to 0.6649.

EUR/USD added 37 pips to 1.0796, and GBP/USD rose 54 pips to 1.2284. USD/CAD declined 84 pips to 1.3660, and USD/JPY advanced 87 pips to 131.56.

Spot gold dropped $22 to $1,956.49 an ounce, and WTI oil futures increased $3.55 to $72.81 a barrel. Bitcoin and Ethereum slowed to $27,024.0 and $1,718.88 respectively.

The Nasdaq 100 dropped 93 points to 12,673. On the other hand, the Dow Jones Industrial Average surged 194 points to 32,432, and the S&P 500 edged up 6 points to 3,977.