TechFlow news, November 15 — According to Jinshi reports on Thursday, U.S. October retail sales month-on-month came in at 0.4%, above the expected 0.3%, with the previous figure revised upward from 0.4% to 0.8%. Retail sales rose steadily in October as American consumers continued to demonstrate strong spending momentum. Following the data release, spot gold initially dipped before rebounding, swinging 6 dollars within minutes; the U.S. dollar index extended its gains, rising over 30 points. Stronger-than-expected retail sales caused traders to scale back bets on Federal Reserve rate cuts in 2025.
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