Scoreboard: Retail runaround

Wall Street was mixed overnight as positive retail data added to the growing expectation the Federal Reserve will soon taper its stimulus program.

Most of the data out last night was rock solid – for the US at least – and complements the string of results showing a stronger US. Retail sales data was the main release last night and it showed spending surged again in November, rising 0.7 per cent, after a 0.6 per cent increase in the prior month. That’s a 7.8 per cent annualised lift just on those two months – very strong.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles