
German Retail Sales data for October is due at 09:00 (GMT+2). Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). On a monthly basis, it is likely to decline from 1.2% to –0.5%, which could have a negative impact on the euro's positions.

