Retail sales

Tomorrow (and over the weekend) we get a fairly broad cross-section of data from around the world. This data could give us some insight into the real impact the second wave of covid could have on the economy. October is an interesting…
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Retail sales in the US have not returned to pre-pandemic levels, despite the significant growth over the summer. Since peaking in July, retail sales have been running at around 82-87% of comparable years. Chain-store sales suffered more,…
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Now that we are seeing a second wave of COVID spreading around the world, retail sales figures are back as an important indicator of market direction. Countries are reimposing different kinds of lockdown measures hoping to slow the…
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Politics has taken center stage in the US, with even the latest polls pushing the markets. We can expect the economic situation to play a strong role in people's decisions on who to vote for. Therefore, economic data is getting the…
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Last Week’s highlights Reserve Bank of Australia Keeps Interest Rates Unchanged The Australian central bank held its monetary policy meeting last week. As widely expected, the central bank left interest rates unchanged ahead of the…
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