Retail Sales (USD, GMT 12:30) – Headline Retail Sales are expected to expand to 0.4% m/m from 0.3% m/m in September. However the CORE reading, which excludes the volatile Automobile reading (which can account for over 20% of all Retail Sales) is showing further weakness with expectations of a another -0.3% contraction similar to last month.
Prelim UoM Consumer Sentiment (USD, GMT 14:30) – The Preliminary release of the Michigan Consumer Sentiment tends to have the most impact; and it is expected to recover to over 60.0 for the first time since April in this October reading, from last months 58.6.
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