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Retail Sales measure the change in the total value of sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity. Economists predict that retail sales stay at 0.6% in September. On the other hand, Core retai...
The pound drops on the headline The latest EU summit suggests Canada-style deal will not work EU has refused to negotiate seriously, we should get ready for no-deal in January It is clear from EU summit, that we will not be offered same terms as Cana...
Boris Johnson says concluded that the UK should get ready for an Australia-style deal. no-deal Brexit by January
Evidence has not changed that we need to make new decisions But nothing is off the table, we have a pretty big toolkit Our view has been that a rate cut is not the best tool to use currently If economies close up again, not sure it would exactly be as bad as April, M...
We are disappointed and surprised by the EU position on Brexit We are close to a deal A deal also depends on the other side With goodwill on both sides, we can get there
1. US Retail Sales Economists predict that retail sales stay at 0.6% in September. On the other hand, Core retail sales, which exclude autos, are expected to have increased by 0.5%. 2. US Industrial Production The US Industrial Prod...
1. US Unemployment Claims Weekly jobless claims will be in focus as traders evaluate the solid U.S. labor market U.S Initial jobless claims are expected to be 825K, which points to a fall from the previous week 840K. A higher than expected reading should be ta...
Downtrend in participation by prime-age women may limit the rebound Fed will aim to keep rates low until we see moderate overshoots of inflation
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