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US: Retail Sales − Surprise Rise in March
Tue, Apr 15 2008, 13:38 GMT
by Anika Khan
Retail sales rose 0.2 percent in March, above the consensus expectations for flat sales. Excluding motor vehicles and gas, sales were unchanged. Retail sales were mixed with motor vehicles, food, gasoline stations and sporting goods posting gains. Discretionary sales continue to lead declines. First quarter consumer spending will be slow.
Published on Tue, Apr 15 2008, 13:39 GMT
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Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management.
Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
©2008 "FXstreet.com. The Forex Market" All Rights Reserved.