U.S. stock futures rose after investors received some encouraging news about the German economy and awaited a deluge of economic reports from the U.S., including the consumer-price-inflation and retail-sales numbers.
Following all the glowing retail sales reports for Christmas, the actual numbers reported today show a mere .1% rise. Excluding autos which rose 1.5%, retail sales actually declined.
MarketWatch reports U.S. retail sales rise scant 0.1% in December
Sales at U.S. retailers increased 0.1% in December, the government said Thursday, in a report that bucked expectations of stronger sales during the holiday period.
Econ Grapher submits:This week we look at some of the monetary policy decisions that were announced, then review the consumer spending stats in the US before checking in on inflation in the US as well as the UK. We wrap up with a snapshot of the commodities market.1. Monetary Policy Review
[AP] - U.S. stock futures are rising ahead of government reports on consumer prices and factory output. Encouraging economic news, along with Mattel's strong earnings report Friday, might carry markets to their first daily gains this week.