US retail sales data for September was released at 1:30 pm BST. Report turned out to be better than expected but it did not trigger any major moves on the markets. Highlights of the report:
• Headline: 0.7% MoM vs -0.2% MoM expected (upwardly revised 0.9% MoM previous)
• Ex-autos: 0.8% MoM vs 0.5% MoM expected (1.8% MoM previous)
EURUSD fell slightly after today's data release and is testing support level at 1.1590. Source:xStation5
Economic Calendar: What's driving the market this morning❓
Morning Wrap: Will the markets recover from Friday’s “crash”❓
Daily summary: Nasdaq 100 drops 3%, precious metals and Bitcoin are falling amid US dollar strength
NFP: A turning point for the dollar and the start of a stock market correction?