WS #14117
US retail sales unexpectedly drop 0.6%, lowering odds of September Fed rate hike to ~31-33%, supporting gold and pressuring dollar. Mastercard reportedly down due to 'global issue', potentially impacting payment processing and stock sentiment.
US Economic Data and Fed Expectations
US retail sales unexpectedly drop 0.6%, lowering odds of September Fed rate hike to ~31-33%, supporting gold and pressuring dollar.
Mastercard reportedly down due to 'global issue', potentially impacting payment processing and stock sentiment.