US August retail sales control group +0.3% versus +0.3% expected ...Middle East

Prior -0.2%Retail sales $710.8 billion versus $709.7 billion priorRetail sales +0.1% versus -0.2% expectedPrior m/m sales +1.0% (revised to +1.1%)Retail sales YoY +2.1% versus +2.7% priorEx autos +0.1% versus +0.2% expectedPrior ex autos +0.4% priorControl group +0.3% versus +0.3% expectedEx autos and gas +0.2% versus +0.4% priorHeading into the report, market was putting a 63% probability on the chance of a 50 bps Fed cut, that's up to 67% afterwards but the numbers have been choppy. In contrast, US

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