westhamlet.com

home of the headless angel

March 10th, 2010

U.S. retail sales for February are to be reported on Friday the 12th. The big snow strorms in the northeastern United States are the big factor as many communities were completely shut down for as much as two weeks.

Most economists are not worried about the report as it’s most likely factored into the markets already. When a slow February hits, a good March usually follows. The dollar was lower vs. the euro, but higher against other currencies.