US Retail Sales Ex Autos MoM (Jan) M/M 0.0% vs. Exp. 0% (Prev. 0.0%, Rev. From 0%, Low. -0.4%, High. 0.7%)
The US retail sales data for January came in at 0.0% month-on-month, matching expectations but indicating no growth after revisions.
UKMTO reports that a tugboat was hit by a unknown projectile within the Strait of Hormuz
Western Alliance Bancorp (WAL) CEO says until last week, the loan had performed as expected, adds that they can absorb the loss with minimal disruption
US Retail Sales Ex Autos MoM (Jan) M/M 0.0% vs. Exp. 0% (Prev. 0.0%, Rev. From 0%, Low. -0.4%, High. 0.7%)
Swiss government is set to acquire 30 Lockheed (LMT) F-35 jets, vs the 35 initially guided
Jefferies (JEF) believes that Western Alliance (WAL) lawsuit is without merit and it will be defended vigorously
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This outcome suggests that consumer spending is flat, which could signal softer demand and may impact expectations for monetary policy, particularly in relation to inflation and growth outlooks.
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