Excerpt from: US Markets
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| December 11, 2009 | | Spread bets and CFDs on U.S. markets | Spread betting and contracts for differences on various markets should consider the impact of U.S. retail sales. In November, U.S. retail sales saw an increase. Retail sales increased by 1.3% from October, and were up 1.9% on the year.
Some are hoping that this means that retail sales have bottomed, and that recovery is on the way. There are also hopes that this indicates a move toward increased confidence from consumers, moving toward more spending.
With consumer spending a big part of the U.S. economy, it is little wonder that there is a lot of focus on retail sales, and indications of consumer confidence.
| Topic Tags: CFDs, consumer confidence, contracts for differences, spread bets, spread betting, U.S. markets, U.S. retail sales | |
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