Data Analysis
The release
Released by the Bureau of Census on 12 January 2018 at 8:30 AM EST. The Retail Sales Excluding Automobiles came in at 0.7% for December 2017, against 1.5% in November 2017. Retail sales excluding autos are still rising, but more slowly than before.
It arrived at the same moment as Retail Sales, Consumer Price Index, Core Consumer Price Index and Core Inflation Rate, so the reaction measured on this page belongs to all of them together.
Measured by Clometrix
Ethereum's volatility ratio was 0.91x, against 1.43x for a typical Retail Sales Ex Autos release since 2021. Its volume ratio was 1.24x, against a typical 1.51x. Under 1.5x is not a reaction at all: the market barely noticed this release. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.
How Ethereum moved
Ethereum was at $1,282.00 when the figure came out. Fifteen minutes later it was unchanged, and an hour later 2.5% lower. Its high-to-low range in the hour after was 4.04% of its price, against 4.29% in the hour before.
What made it matter
Since 2021, Retail Sales Ex Autos releases in the two weeks before a Fed decision have moved Ethereum about as much as those at other times: a median volatility ratio of 1.39x across 27, against 1.43x across 43. This one was not within two weeks of a Fed decision. Its own ratio of 0.91x compares with 1.43x for those, so it moved the price less than its circumstances would suggest.
About Retail Sales Excluding Automobiles
The U.S. Census Bureau publishes the Retail Sales report every month. It is a measure of consumer spending excluding the automobile sector. Retail firms provide data on the dollar value of their retail sales and inventories. A sample of 12,000 firms is included in the final survey and 5,000 in the advanced one. The advanced estimated data is based on a subsample from the USCB complete retail & food services sample.
Disclaimer
The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.
ETH-USDT
Ethereum
Open
1,125.61Close
1,279.9924h Change
154.38 (12.06%)24h High
1,288.5024h Low
1,123.4024h Volume
87,312 ETHUS Retail Sales Excluding Automobiles
Bureau of Census
12th January, 2018, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 1279.90 | 1285.00 | 1279.90 | 1282.00 | 0.16% | 0.40% | 55 ETH |
| During | 1282.00 | 1284.90 | 1282.00 | 1284.02 | 0.16% | 0.23% | 41 ETH |
| 5 Minutes | |||||||
| Before | 1277.15 | 1285.00 | 1275.29 | 1282.00 | 0.38% | 0.76% | 429 ETH |
| During | 1282.00 | 1287.00 | 1275.00 | 1283.04 | 0.08% | 0.93% | 399 ETH |
| 10 Minutes | |||||||
| Before | 1268.20 | 1285.00 | 1268.20 | 1282.00 | 1.08% | 1.31% | 769 ETH |
| During | 1282.00 | 1288.50 | 1275.00 | 1287.00 | 0.39% | 1.05% | 783 ETH |
| 15 Minutes | |||||||
| Before | 1263.10 | 1285.00 | 1260.72 | 1282.00 | 1.47% | 1.89% | 922 ETH |
| During | 1282.00 | 1288.50 | 1275.00 | 1282.02 | 0.00% | 1.05% | 1,023 ETH |
| 30 Minutes | |||||||
| Before | 1275.59 | 1285.00 | 1252.03 | 1282.00 | 0.50% | 2.57% | 2,086 ETH |
| During | 1282.00 | 1288.50 | 1245.00 | 1264.15 | -1.41% | 3.38% | 2,537 ETH |
| 1 Hour | |||||||
| Before | 1230.00 | 1285.00 | 1230.00 | 1282.00 | 4.06% | 4.28% | 5,010 ETH |
| During | 1282.00 | 1288.50 | 1236.70 | 1249.90 | -2.57% | 4.02% | 6,463 ETH |
| 2 Hours | |||||||
| Before | 1223.00 | 1285.00 | 1212.00 | 1282.00 | 4.60% | 5.68% | 7,667 ETH |
| During | 1282.00 | 1288.50 | 1236.70 | 1243.82 | -3.07% | 4.02% | 8,605 ETH |
| 4 Hours | |||||||
| Before | 1188.97 | 1285.00 | 1187.00 | 1282.00 | 7.26% | 7.63% | 13,518 ETH |
| During | 1282.00 | 1288.50 | 1200.01 | 1230.00 | -4.23% | 6.87% | 19,104 ETH |
| 6 Hours | |||||||
| Before | 1230.07 | 1285.00 | 1176.00 | 1282.00 | 4.05% | 8.48% | 21,036 ETH |
| During | 1282.00 | 1288.50 | 1200.01 | 1240.00 | -3.39% | 6.87% | 24,016 ETH |
| 8 Hours | |||||||
| Before | 1125.61 | 1241.00 | 1123.40 | 1188.99 | 5.33% | 9.48% | 35,104 ETH |
| During | 1188.97 | 1288.50 | 1187.00 | 1230.00 | 3.34% | 7.88% | 32,623 ETH |
| 12 Hours | |||||||
| Before | 1125.61 | 1285.00 | 1123.40 | 1282.00 | 12.20% | 12.58% | 48,622 ETH |
| During | 1282.00 | 1288.50 | 1200.01 | 1279.99 | -0.16% | 6.87% | 38,690 ETH |
