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National Retail Federation expects spending to grow 3.7% to 4% during Christmas period

Norbolsa | On the eve of Thanksgiving and with data delayed due to the shutdown (today we will learn the retail sales figures for September), the market is looking at other consumer benchmarks. This Tuesday, it echoes the National Retail Federation’s sales estimate for the Christmas period (November-December), which expects spending to grow by between 3.7% and 4% this year, exceeding the billion-pound mark. For the period between Black Friday…

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China Export Ship

Chinese exports fall 1.1% against expected increase of 3%, reversing September’s 8% rise

Link Securities | According to data from the General Administration of Customs, China’s trade surplus reached $90.07 billion in October, lower than the $95.6 billion expected by the consensus of analysts and the $95.72 billion recorded in the same month last year. This is the lowest trade surplus since February, as exports fell unexpectedly while imports increased. Specifically, exports fell 1.1% year-on-year, compared to the expected 3% increase, reversing September’s…