Free Trial

Pullback Exposes Support


BSP Raises Key Rate By 50bps To 3.75%


German curve is bear flattening


Maintains This Week’s Bullish Theme


EURPLN Approaching 50DMA Resistance


Bund and Euribor are falling

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
US DATA: Aug retail sales +0.1% vs +0.4% expected by analysts and +0.7% 
expected by markets, while ex-mtr veh +0.3% vs +0.5% expected, with 
notable declines in both vehicle sales and clothing sales pulling down 
the headline numbers. July sales were rev higher. 
- Vehicle sales -0.8% compared with expectations for a smaller decline 
by analysts.
- Gas station sales +1.7%, providing the key offset, as sales would have 
been -0.1% ex. gas. Looking deeper, Aug sales ex. mtr veh and gas +0.2% 
and +0.1% ex auto, bldg mat, gas and food services, suggesting 
underlying growth slowed after a very strong July.
- Building materials sales flat, while food services +0.2%, clothing 
sales -1.7% (largest drop since Feb 2017), and department stores -1.0%.  
- Through two months of 3Q, retail sales were 5.3% above the 2Q average 
at an annual rate, with the sharp gain in July the key factor. Ex. 
mtr veh, retail sales were +7.1% from the 2Q average, and were +4.7% ex. 
autos, bldg materials, gas, and food services.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.