US retail sales amongst market movers today – Danske Bank
|In view of Danske Bank analysts, today's economic highlight is the release of US retail sales for November.
Key Quotes
“Private consumption has been strong in the US despite the weakness in manufacturing and there is nothing to suggest it should end now although retail sales are very volatile/noisy on a monthly basis.”
“Today, markets will look out for official confirmation of a phase one trade deal between the US and China ahead of the planned 15 December tariff rate hike.”
“Markets expect the Central Bank of Russia to cut rates from 6.50% to 6.25% today. The announcement is at 11:30 CET.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.