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The US PPI figures for November is also due today

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Market Movers In terms of data releases, focus will be on the US retail sales in November. This is one of the few remaining figures to be released ahead of the FOMC meeting next week. Consensus expects an increase of around 0.3% but, in our view, there are some downside risks to this forecast as the weekly retail sales from ICSC have been weak. The US preliminary consumer confidence survey from University of Michigan for December is also released today. While consumer sentiment fell in

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