FXstreet.com (Barcelona) - TD Securities analysts expect retail sales to post a respectable 1.2% MoM advance, “marking the strongest gain in this indicator in two years”, in September: “Higher spending on gasoline, strong auto sales, along with the boost from the launch of the new iPhone 5 phone should bolster overall consumer spending activity in September”, wrote analyst Alvin Pontoh, forecasting a robust +1.0% rise excluding autos, and core data (which excludes spending on autos, gas and building material) up by +0.4% on the month.
Forex Flash: US September Retail Sales to be the strongest in 2 years – TD Securities
Mon, Oct 15 2012, 07:59 GMT | FXstreet.com
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Any opinions, news, research, analyses, prices or other information contained on this story, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
