U.S. retail sales likely to have grown strongly in September
U.S. retail sales data for the month of September is set to release tomorrow. According to a TD Economics research report, the retail sales is expected to have grown 0.4 percent. The strong growth is likely due to the po…
U.S. retail sales data for the month of September is set to release tomorrow. According to a TD Economics research report, the retail sales is expected to have grown 0.4 percent. The strong growth is likely due to the possible solid gain of 0.4 percent in key control group, as consumer fundamentals stay sound.
“A steady rise in core sales coupled with another solid gain in auto purchases should more than offset a decline in sales at gasoline stations, which reflects a new drop in gasoline prices in September”, added TD Economics.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
