US retail sales beat estimates for October but still couldn’t avoid a drop from September. USD and Treasury yields rise while S&P 500 futures head lower

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Yesterday’s drop in US inflation has EUR/USD trading above the 200-day SMA, building a case for a bullish reversal. US retail sales later could provide a helping hand

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Government bond yields across the globe fell sharply on Tuesday, after the latest US inflation report, as investor’s thoughts turn to a series of interest rate cuts next year.

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​​Outlook on FTSE 100, DAX 40 and S&P 500 following weaker-than-expected US and UK inflation.

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AUD prices have held onto yesterday’s gains with some positive Chinese data as well as high wage growth locally.

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