U.S. Retail Sales for February down to –0.6% from the prior month of 0.4% and forecast for 0.2%. At the same time the Retail Sales ex-auto for February down to –0.2% by prior 0.5% and forecast of 0.2%. The U.S. market continues to suffer by the almost starting recession. At the same time the weekly initial claims remain unchanged from the prior week at 353K by forecast for 353K. The news for worse than forecasting U.S. Retail Sales was widely expecting during the European session and the market
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The U.S. Retail Sales were worse than expected today
