Trump Pauses 50% Canada Tariffs for Three Days as U.S. Trade Deal Takes Shape 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
US Dollar Hovers Near Multi-Month Lows as Fed Rate Hike Bets Ease 
US Dollar Holds Steady as Fed Rate Bets and Iran Tensions Drive Markets 
Wall Street Falls as Oil Prices Rise, Fed Minutes and Retail Earnings in Focus 
Canada Faces 50% U.S. Tariffs as Trade Tensions Threaten USMCA Talks 
European Stocks Edge Higher as Fed Rate Pause Bets Rise 
US Stock Futures Mixed as Fed Rate Hike Bets Fade, AI Deals in Focus 
Add as a preferred source on Google
Retail sales in China surged during the month of November, beating what markets had initially anticipated.
Retail sales, a gauge of private and government spending, rose 10.8 percent year-on-year, up from October’s 10 percent pace, data released by the National Bureau of Statistics showed Tuesday. That was the fastest expansion this year. Economists expected retail sales to improve in November. Growth in industrial production and urban investment was forecast to remain steady.
A separate measure of annual fixed-asset investment, a proxy for long-term spending, gained rose 8.3 percent in the January-November period. Urban investment advanced at a similar pace in the year to October. Growth in this category has slowed sharply over the past three years.
Services, a priority sector for Beijing, grew at a faster rate in November, a sign that consumption was still making headway. China’s official non-manufacturing purchasing managers’ index (PMI) improved to 54.7 in November from 54.0 the previous month, data showed earlier this month. That was the fastest expansion since mind-2014, reports said.
Meanwhile, the USD/CNY traded at 6.90, down -0.01 percent.
