US: Retail Sales to track the bounce in core figures – Scotiabank
|In the view of the analysts at Scotiabank, the US October Retail Sales report, due on Friday at 1330 GMT, is expected to rebound from a weak September reading.
Key Quotes:
“Retail sales figures for October will have to rely upon a bounce-back in core sales ex-autos and gasoline including higher prices in order to return into the black
Industrial output ... Notwithstanding recent potential stabilization in ISM-manufacturing and Markit's manufacturing PMI, industrial production is likely to continue to weaken.”
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.