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-0.00173110213502603 -0.00173110213502603 -0.000577034045008623 0.00392383150605873 0.00392383150605873 0.00634737449509518 0.0253894979803809 0.0373791113675707
Stock impact report

Morning bid: Red hot retail readout drives US economy and dollar [Reuters]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Reuters
anxiety still brewing in the background, the red hot U.S. retail readout for March has underlined the sheer strength of the economic expansion there and is super-charging the dollar around the world. Against Tuesday's news of a spluttering March for China's economy , and a surprising rise in British jobless during the month, the exceptional U.S. performance stands out yet again and has catapulted the dollar to new highs for the year. China's first-quarter GDP annual growth of 5.3% did surpass expectations but March industry and retail growth missed forecasts, new home prices fell at their fastest pace in eight years and property investment fell almost 17% year-on-year. And even though Wall St stocks indexes (.SPX) New Tab , opens new tab were side-swiped again on Monday by a mix of the interest rate implications of such brisk growth, heightened geopolitical tensions and a tepid earnings season outlook, the greenback is building a head of steam. Aided by scaled-back Federal Show less Read more
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