US February retail sales +0.2% vs +0.6% expected ...Middle East

Prior was -0.9%

Details:

Ex-autos % versus +0.3% expectedPrior ex-autos -0.4% Control group % versus +0.3% expectedPrior control group -0.8% Retail sales ex gas and autos + % -0.5% prior

"Our topline performance for the month was soft," Target CFO Jim Lee said at the start of March. He highlighted poor weather but said that "declining consumer confidence impacted our discretionary assortment overall."

This article was written by Adam Button at www.forexlive.com.

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