Here are some indications in the pre-market from top retailers:
- WMT +0.5%
- TGT -0.1%
- AMZN +1.0%
- SHOP -0.2%
Here are some headlines from spending trackers:
- Mastercard Spendingpulse black friday sales up 3.4% vs last year
- Online sales were up 14.6% while in-store up 0.7% (I assume these numbers aren’t inflation adjusted)
- Adobe analytics says online sales up 10.2% y/y
- RetailNext says store traffic down 3.2%
- Salesforce said online sales in the U.S. rose 7% y/y
- Buy-now-pay-later sales up 8.8% y/y
This article was written by Adam Button at www.forexlive.com.
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