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Today's stock and macro update: US not spending despite low petrol prices, US CPI on the...

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Nick Batsford, CEO of Tip TV, was joined by Zak Mir, technical analyst for ShareProphets.com, to open the Tip TV Finance Show on the 15th October 2015 to discuss US CPI data, HSBC, US spending despite low petrol prices, as well as a stock outlook. Retail sales increases by just 0.1% in the US Batsford highlighted Elliott, who noted that for months we have been told that cheap petrol will tempt us to splash out elsewhere; well it’s simply not happening in the US. Overall September retail sales

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