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US retail sales fall more than expected in October
At 13:30 GMT, the US economy released its reading of the retail sales index for October at 0.3%, lower than forecasts of 0.5%, and lower than the previous reading of 1.6% after it was revised from 1.9%.
The retail sales index core reading (excluding automobiles) was at 0.2%, lower than forecasts of 0.6%, and lower than the previous reading of 1.2% after it was revised from 1.5%. This data is negative for the US economy.
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