Eurozone Retail Sales rise by 1.9% YoY in October vs. 1.7% expected
Source Fxstreet
- Eurozone annual Retail Sales beat estimates with 1.9% in October.
- Retail Sales in the old continent came in at -0.5% MoM in October.
Eurozone’s Retail Sales rose at an annual rate of 1.9% in October after increasing by a revised 3.0% in September, the official data released by Eurostat showed on Thursday. The data beat the market consensus of +1.7%.
On a monthly basis, Retail Sales in the old continent dropped by 0.5% in the same period, compared to September’s +0.5% while missing the estimated 0.3% decline.
FX implications
The mixed Eurozone data fails to deter Euro buyers. At the time of writing, the EUR/USD pair is trading 0.18% higher on the day at 1.0530.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
A Dogecoin (DOGE) influencer has sounded the alarm about a scam attack targeting members of the DOGE community. The influence has issued a critical warning about a new fraudulent social media account posing as the Dogecoin Foundation.
The Japanese Yen (JPY) drifts lower during the Asian session on Tuesday as US President Donald Trump's decision to delay plans to impose trade tariffs on Canada and Mexico dents demand for traditional safe-haven assets.
TradingKey - One of the biggest trends in the healthcare space over the past few years has been the rise of so-called GLP-1 drugs.These can help treat type 2 diabetes and obesity but one of the other
The Australian Dollar (AUD) edges lower against the US Dollar (USD) amid an increased risk aversion following rising fears over US-China trade tensions.
Could We See Dogecoin And Shiba Inu Prices Continue to Rise As We Take A Look Into New Sensation RemittixThere were brief moments last week where it seemed possible that both Shiba Inu and Dogecoin might see sustained rises. This theory has been put to bed in the last 24 hours as things have taken a dramatic turn for the worse. Both assets have plummeted in value and continue to exhibit downward pressure. This […]
There were brief moments last week where it seemed possible that both Shiba Inu and Dogecoin might see sustained rises. This theory has been put to bed in the last 24 hours as things have taken a dramatic turn for the worse. Both assets have plummeted in value and continue to exhibit downward pressure. This […]
Related Instrument
