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FxWirePro: Asian markets slightly down, gold flat at $1,325 mark

FxWirePro: Copper clears key resistance; further rise possible

Australian wage growth rises below expectations in Q4 2018, likely to improve gradually

U.S. initial jobless claims fall below expectations in mid-February

Latest Commitment of Traders positions (FX) as at January 29th 2019

FxWirePro: FTSE100 likely to test 8000 level

FxWirePro: U.S. Natural gas inventory preview

Fundamental Evaluation Series: USD/CNH vs. 2-year yield spread

US SEC and CFTC’s eagle eye on crypto-derivatives, Duos to work jointly to keep regulatory frameworks more conducive and effective

FxWirePro: The Day Ahead- 21st February 2019

Bank Indonesia keeps key interest rate on hold at 6 pct

Euro area flash services PMI index rises above expectations in February, manufacturing index falls sharply

API reports build while market awaits EIA report

USD/CAD pair likely to see moderate downside risks, to trade around 1.28 by end-2019

Fundamental Evaluation Series: USD/JPY vs. 2-year yield spread

U.S. durable goods order likely to have grown strongly in December

Norwegian oil investment likely to grow strongly in 2019, shows survey

U.S. retail sales rise sequentially in November, consumer spending likely to grow over 3 pct

Friday, December 14, 2018 4:16 PM UTC
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U.S. retail sales rose sequentially in November. On a month-on-month basis, the retails sales were up 0.2 percent, in line with consensus expectations. Moreover, the retail sales data for October were upwardly revised to 1.1 percent from 0.8 percent, more than making up for the 0.2 percent fall in September.

The rise in overall retail sales came even as receipts at gasoline stations dropped 2.3 percent, mainly due to lower prices. Sales at motor vehicles & parts rose 0.2 percent. Outside of these two categories, sales rose strongly by 0.5 percent.

Stripping the more volatile categories: gas, autos, building materials, and food services, the ‘control group’ used in calculating GDP were up 0.9 percent on the month. This was above market expectations of a rise of 0.4 percent.

Looking into details, non-store retailers rose 2.3 percent, electronics rose 1.4 percent and furniture was up 1.2 percent. Meanwhile, clothing sales dropped 0.2 percent and eating and drinking establishments dropped 0.5 percent.

Given the upward revision to October, another strong core retail sales growth in November and soft inflation, consumer spending might grow by more than 3 percent for the third straight quarter, noted TD Economics in a research report.

“This is yet another in a string of economic indicators that point to continued strength, rather than any nascent signs of weakness, (or worse an impending downturn). While expectations can change quickly, there are few signs that the U.S. economy is in anything but excellent health”, added TD Economics.

At 16:00 GMT the FxWirePro's Hourly Strength Index of US Dollar was neutral at 10.6667. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex

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February 22 04:00 UTC Released

MYCPI MM NSA

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-0.5 Percent

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February 22 04:00 UTC Released

MYCPI NSA

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120.5 Index

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January 31 00:00 UTC 557577557577m

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January 22 19:00 UTC 569397569397m

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-1541 %

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January 31 00:00 UTC 557577557577m

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