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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
LONDON (MNI)
US retail sales are set to slip in February as snow storms across the country kept many consumers at home. However, with parts of the country reopening, the vaccination programme picking up pace and the December stimulus checks landing, there was some support coming into the traditionally weak month for spending, industry experts explain in MNI latest Reality Check.
Sales rebounded sharply in January, up 5.3% after falling by 1.0% in December. Excluding motor vehicles, retail sales surged by 5.9%. In February, analysts are looking for a renewed decline in sales, with the median expectation pointing to a m/m decline of 0.4%. The data is due at 1230GMT Tuesday.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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