Analysts at the Royal Bank of Scotland note that the US retail, excluding volatile items like autos and petrol, rose a modest 0.1% in October after a 0.1% decline the previous month. Key Quotes “The softness was broad-based – seven out of thirteen categories fell, hinting at softer activity in Q4. Weakness was most evident in clothing and furniture sales.” “Throw car sales into the mix, which fell 3.7%, and the picture looks even weaker. Could US demand for big-ticket items be cooling? Still, despite the weaker readings the household sector looks set to remain the main source of growth for the US economy, keeping the Federal Reserve on the sidelines, at least near-term. Retailers will be hoping for a Black Friday blowout.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next ECB’s Lane: We are not at some sort of limit in terms of what monetary policy can do FX Street 3 years Analysts at the Royal Bank of Scotland note that the US retail, excluding volatile items like autos and petrol, rose a modest 0.1% in October after a 0.1% decline the previous month. Key Quotes "The softness was broad-based - seven out of thirteen categories fell, hinting at softer activity in Q4. Weakness was most evident in clothing and furniture sales." "Throw car sales into the mix, which fell 3.7%, and the picture looks even weaker. Could US demand for big-ticket items be cooling? Still, despite the weaker readings the household sector looks set to remain the main source of growth… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
