Breaking: US retail sales fell by 8.7% in March
US retail sales slumped by 8.7% in March, beating forecast at 8% and vs -0.4% in February
Trending
- Oil prices fall on renewed fears of deepening crisis in banking sector
- Gold tests $2000 barrier again but continues to face strong headwinds here
- Yen advances further on increased safe-haven demand
- Euro loses ground as banking stocks collapse
- Cable loses traction after upside rejection, little help from upbeat UK retail sales
- Bank of England raises interest rates by 25 basis points on higher inflation / bank worries
- Bulls are running out of steam after a six-day rally
- Gold regains traction on Fed’s dovish shift / growing uncertainty
- Dovish Fed further deflates dollar
- Dollar is in quiet mode ahead of Fed’s decision