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Finance & Markets

Handelsblatt Live: Wall Street expert Koch: Clear signals for decline in US consumption

Shares of retailers are under pressure on Friday, including the group Walmart. The background is weak consumer spending in the US. According to Markus Koch, the question now is how credit companies are affected by this crisis.

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British Pound eases as UK sales drop, US services beat

The Pound Sterling loses some ground against the US Dollar, though it remains poised to end the week with gains of over 0.60%, even as UK Retail Sales disappointed investors and US business activity improved in August. The GBP/USD trades at 1.3626, down some 0.02%.

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