News Headline Summary

US Advance Retail Sales (Oct) M/M -0.3% vs. Exp. -0.2% (Prev. 1.1%, Rev. 1.3%)

- Retail Sales less Autos (Oct) M/M 0.0% vs. Exp. 0.2% (Prev. 1.1%, Rev. 1.2%)
- Retail Sales Ex. Auto & Gas (Oct) M/M -0.3% vs. Exp. 0.4% (Prev. 0.9%, Rev. 1.0%)

Reaction details (13:35)

- In the immediate reaction; e-mini S&P fell from 1,377 to 1,375.5, coinciding with a 3+ tick move higher in the T-Note future to trade 133.29+.

Analysis details (13:35)

- US Commerce Dept says cannot isolate the effect of Hurricane Sandy on October's retail sales, however received indications that the storm had both positive and negative effects of sales.

14 Nov 2012 - 13:30 - Energy Data - Source: Newswires

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