Retail sales unexpectedly declined by 0.3% in December, reversing a modest 0.1% gain in November. Economists anticipated a 0.4% increase. Consumers tightened their purse strings amid labor market uncertainty and…
Tag: financial market
China’s Q4 Growth Outpaces 5% Growth Target; Hang Seng and AUD/USD Respond
China’s Q4 GDP grew 5.4%, beating forecasts, as stimulus measures boost growth ahead of US tariff risks….Read More
December Retail Sales Rise 0.4% as Jobless Claims Hit 217K, Signaling Mixed Outlook
More Information in our Economic Calendar.Key Sectors Outperform Expectations The automotive sector led December gains, with motor vehicle and parts dealers reporting an 8.4% increase from the previous year. Nonstore…
EIA Natural Gas Storage Draw Of -258 Bcf Exceeds Estimates
Natural gas prices moved away from session highs as traders reacted to the report. The report indicated that cold weather boosted demand, and natural gas storage draw has mostly met…