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U.S. retail sales surge; weekly jobless claims fall (news: 14/12/17)

Today's press

  • WASHINGTON (Reuters) - U.S. retail sales increased more than expected in November as the holiday shopping season got off to a brisk start, pointing to sustained strength in the economy that could pave the way for further Federal Reserve interest rate hikes next year.

  • LONDON (Reuters) - Sterling slipped against the dollar on Thursday, with some traders disappointed the Bank of England stuck to its view that interest rates were likely to rise only gradually despite above-target inflation and progress in Brexit talks.

  • Investing.com - The euro slipped against the dollar on Thursday after the European Central Bank kept monetary policy on hold and revised up its forecast for growth and inflation, but added that underlying inflation remains subdued.

  • In a video published on Tuesday, Israeli Prime Minister (PM) Benjamin Netanyahu claimed that the operation of traditional banks will eventually become obsolete and could be replaced by Bitcoin. He based his claim on the trustless nature of Blockchain technology and on Bitcoin’s continuous, notable growth this year.

Next trading day's important events

Forex quotes:

  • USDJPY: 112.51
  • EURUSD: 1.1775

Indices:

  • S&P 500: 2661.92
  • NASDAQ: 6882.50

 



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