When trading binary options in the S&P 500 it is important to watch for new economic data reports. One of the most important selections here is the monthly Retail Sales report.
Retail Sales can often be a good indicator of the corporate economy’s ability to generate revenue for investors. So when we see higher numbers here, it is not surprising to see gains in the S&P 500. The US Retail Sales report is released every month, so it is important to have an economic calendar in anticipation of the event.