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Investors add to Fed hike bets after US retail sales

US retail sales rise more than expected, bolster Fed hike case. Pound slides on slowing wages, rebounds on sticky inflation. Aussie and kiwi aided by China’s GDP; Lonnie supported by higher oil prices. Wall Street ends mixed; gold extends gains on safe-haven flows.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of pu...

Broadcast on:
18 Oct 2023

US retail sales rise more than expected, bolster Fed hike case. Pound slides on slowing wages, rebounds on sticky inflation. Aussie and kiwi aided by China’s GDP; Lonnie supported by higher oil prices. Wall Street ends mixed; gold extends gains on safe-haven flows.

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