Retail sales for September: 0.0% MoM (expected: 0.2% MoM ; previous: 0.3% MoM)
Core retail sales: 0.1% MoM (expected: -0.1% MoM ; previous: -0.3% MoM)
Sales excluding cars and fuels rise 0.3% MoM (previous: 0.6% MoM)
Mixed data, but it's clear that car sales are starting to take a turn for the worse, which could be a sure sign for a further slowdown.
Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall
BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge
EURUSD loses ground ahead of NFP
BREAKING: BoE raises interest rates by 25pbs to 4%⏰