Economists had anticipated a 0.3% increase in overall retail sales, making October’s performance marginally stronger than expected. Yet, the data points to waning momentum, with core retail sales revealing a…
Tag: trading the news
Crude Inventories Rise By 2.1 Million Barrels, Exceeding Analyst Estimates
Gasoline inventories decreased by 4.4 million barrels from the previous week….Read More
China Retail Sales Jumps in October as Unemployment Drops to 5.0%
China’s Retail Sales Surge, Unemployment Dips as US Tariff Threat Looms” – Mixed economic signals push Hang Seng and AUD/USD higher amid investor caution….Read More
October PPI Rises 0.2%, Supporting Fed Rate Cut Hopes as Inflation and Jobs Steady
Conversely, wholesale goods prices increased by just 0.1% as declines in energy and food prices offset some gains. Energy prices fell by 0.3%, and food prices dropped by 0.2%, influenced…