Retail Sales Falling in the US – a Softer Tone
Retail sales in the US fell short of expectations this month, according to data compiled by the Commerce Department. Retail spending decreased 0.6% from April to March, undermining forecasts of [...]
Overnight the Chinese data that the whole market was waiting for actually missed on the estimate (forecast was 6.9 but actual came in at 6.8) but all was forgiven after the PBOC injected more liquidity combined with rumours of additional … Continue reading