OctaFX | OctaFX Forex Broker
Open trading account
Back

US Retail Sales growth expected to slow down in September - Danske

FXStreet (Łódź) - According to Pernille Bomholdt Nielsen from Danske, September US Retail Sales numbers, due out later today, should show a considerable decline.

Key quotes

"Both store sales and in particular auto sales were weak in September."

"Lower gasoline prices should also weigh on the headline figure."

"However, retail sales excluding autos and gasoline is still expected to show a healthy gain in September, underscoring that underlying strength in private consumption remains intact."

EUR/USD retreats from highs

The common currency is now losing the grip vs. the US dollar, dragging EUR/USD back to the 1.2645/40 band...
Read more Previous

Copper falls from a three-week high

Copper, on the Comex division of the New York Mercantile Exchange, is trading lower today after prices hit a three-week high yesterday.
Read more Next
Start livechat