UK Retail Sales Inc Auto Fuel (M/M) Oct: -0.1% (est 0.3%; prev -1.1%; prevR -0.9%)
- Inc Auto Fuel (Y/Y): 0.6% (est 0.9%; prev 0.2%; prevR 0.6%)
- Ex Auto Fuel (M/M): -0.2% (est 0.1%; prev -1.0%; prevR -0.8%)
- Ex Auto Fuel (Y/Y): 1.2% (est 1.5%; prev 1.2%; prevR 1.6%)
Weak data from the British labor market, which may increase the chances of faster interest rate cuts by the BoE.
Daily Summary: NFP Spooks Wall Street, Oil Back Near $100
US Open: NFP Has Shifted Fed Expectations, and Wall Street Now Awaits Inflation
🚩 Cocoa futures down 3.5% as ICE inventories rise to 2-year high
🛢️Brent Crude Nearing $100