US retail sales data for May was released at 1:30 pm BST. Report turned out to be weaker than expected but it did not trigger any major moves on the markets. Highlights of the report:
• Headline: -1.3% MoM vs -0.8% MoM expected (0.0% MoM previous)
• Ex-autos: -0.8% MoM vs 0.2% MoM expected (-0.8% MoM previous)
EURUSD - initially currency pair rose after however sellers manage to quickly regain control and price is heading towards support at 1.2091 Source: xStation5
Germany's exports and imports rise above expectations
Economic calendar: Canadian labor market data and FED speakers 🔎
Morning wrap (07.11.2025)
Daily summary: Optimism on Wall Street eases again🗽US Dollar drops from recent highs