Two things to watch in the US retail sales report ...Middle East

The first thing to watch is whether the plunge in consumer confidence since January has led to any decreases in spending. The indication from most companies is that spending has held up but we will be looking for pockets of weakness.

The data is due out at 8:30 am ET. For more, see the economic calendar.

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

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