A batch of economic data is released from the US
- Headline retail sales rose 0.8% in October, above expectation of 0.5% mom
- Ex-auto sales rose 0.7%, above expectation of 0.5 mom
- Import price index rose 0.5% mom in October, much higher than expectation of 0.1% mom.
- Empire State Manufacturing index rose to 23.3 in November, up from 21.1 and beat expectation of 19.3.
- Philly Fed Business outlook dropped to 12.9, down from 22.2, below expectation of 20.7.
- Initial jobless claims rose 2k to 216k in the week ended November 10
- Continuing claims rose 46k to to 1.676M in the week ended November 3.
Dollar shows little reaction to the data as focus is not in the UK, not the US.
