U.S. share futures swung sharply on Thursday after data showed the lowest retail sales report in December in nine years, wiping earlier gains linked to progress in Washington-Beijing trade talks and data showing a surprise leap China's export activity in January. fell 1.2% in December from the previous month, the trade ministry, the biggest decline since September 2009, and very reluctant to the 0.2% profit predicted by economists. Although the data was partially affected by the 35-day government closure, the weakness of such a key indicator of US economic health – consumer spending is responsible for about two-thirds of GDP growth – caused a sharp reversal of US equity futures.
"These figures are amazing and impossible to compare with the Redbook chain sales survey, which reported a rise in sales in December and a record high in the Christmas week as a result of the drop in gasoline prices," said Ian Shepardson of Pantheon Economics, "
" These figures are so wild that we have to expect serious revisions upwards, but if they remain, they will hardly be representative of the trend over the next few months, "he added. , tied to Dow Jones Industrial Average
US retail sales rose 2.1% in the past year, the slowest growth since August 2016. [pictwittercom/QuvQ24aVkG
– Charlie Bilelo (@charliebilello) 14 February 2019
Cisco Systems Inc. (CSO) showed sharper higher in pre-trade after network equipment maker and Dow's component better than expected second quarter
Coca-Cola (KO), another Dow component, dropped by more than 4 % after realizing earnings from the fourth quarter, which were largely real-time. with forecasts by analysts, but noted that growth in organic earnings for 2019 will slow down, and comparable profits are likely to remain equal, partly thanks to a stronger US dollar.
Weak retail sales data followed a series of positive titles in Asia where US Treasury Secretary Steve Munchin told reporters in Beijing that he "looks forward to the discussions today" while heading for meetings with China Vice President Liu Li , in the Chinese capital.
President Donald Trump said several times this week that he spoke Bloomberg said he is considering extending the deadline of March 2 to 60 days to ensure that ultimately an agreement is reached between the two largest environmental companies in World Trade Office
The Chinese Customs Office's trade data was also positive, with exports up 9.1% year on year, down from 4.4% in December, offsetting another drop in total imports from 1 , 5%. China's trade surplus with the US remains high – US $ 27.3 billion, but the 42% drop in US imports, driven by the sharp decline in soybean purchases, is likely to increase pressure on both negotiating sides  shares were also stronger at the beginning of trading on Thursday as the Stoxx 600 rose 0.4% to a three-month high in Frankfurt after the euro fell to 1.1266 against the dollar as the data showed that while Germany had barely escaped a technical recession over the final three months of last year, the growth of the most Pit economy in Europe is suspended amid tension in global trade and uncertainty about the impending exit of Britain from the European Union.
The Airbus SE (EADSY) shares traded at a record high level after the French-German manufacturer and the leading competitor of Boeing Co. In the fourth quarter of the year, earnings of 2019 were effective for aircraft supplies and said it would officially abandon the fight with the A380 jet.
The pound was also weaker at the beginning of London trade, dropping to 1.2844 against green money, with merchants pointing to the growing increase in parliamentary sophistication in government plans for Brexit, which many consider to increase the risk of the UK collapsing EU without a negotiated trade deal on 29 March.
However, the weaker pound, as well as more stable world oil prices, helped the FTSE 100 rise by about 0.27% by mid-morning in London.
AstraZeneca plc shares (AZN) traded sharply higher on Thursday after the UK drug maker reported stronger fourth-quarter earnings and said revenues for 2019 would continue
The Asian shares were but the investors did not want to reach risk with so many variables The index of trade, politics and economy is weaker after the MSCI ex-Japan index dropped 0.04% from the four-month peak and Nikkei 225 with 0.02% lower at 21,139.71, even yen weakened to 111.06 against the US Lahr.
Oil prices were also backed by China's January trade data, which showed crude oil imports rose 4.8% over the past year to cross the 10 million barrels a day for a third consecutive a month suggesting that government plans to boost the growth of the second-largest economy At the end of Wednesday, the Energy Information Administration said domestic crude oil stocks had risen much higher than expected by 3.68 million barrels last week , having reached a total of e 450 840 000, which is the highest since November 2017. lower demand forecasts, and a record US supply from the International Energy Agency earlier in the session, and sent higher prices to the market worldwide. much, the world benchmark, was 53 cents higher than their closing in New York and hand shift by 64.11 dollars a barrel, the highest value since November 21 and a move that expands the profits of December 24 in the last 25 %.
WTI supply contracts in March – which ended at the lowest level for two weeks earlier this week – were up 57 cents higher at $ 53.97 a barrel, the highest value since February 4.