Equities and commodities were higher in the Thursday trading session as we continue to have the spillover effects and positive risk sentiment from the Fed’s decision yesterday to keep interest rates steady for longer. In regards to the US economy we had three key releases today, showing manufacturing orders coming in Read More US Durable [...]
Posted in FX News | Tagged and, boost, but, claims, durable, goods, home, new, sales, sentiment, softish, us
Sales of new single-family homes in the US fell by 2.2% to an annualized 307,000 units in December 2011. The monthly decline follows a 2.3% gain to 314,000 units in November (initially reported as 315,000) and ran counter to market expectations for an increase to 321,000. Large declines were seen Read More US New Home [...]
Posted in FX News | Tagged december, decreased, home, in, new, sales, unexpectedly, us
The Canadian dollar fell against its US counterpart today after Canadian retail sales slowed, hinting that Canada’s economy has problems that may slow economic growth. The currency was higher versus the yen.(…)Read the rest of Canada’s Dollar Weakens as Growth of Retail Sales Slows (90 words) Posted on Forex News. Read More Canadas Dollar Weakens as Growth of [...]
Posted in FX News | Tagged as, canadas, dollar, growth, of, retail, sales, slows, weakens
The Great Britain pound jumped as UK retail sales rose last month, while concerns about the future of the European Union increased demand for the sterling as a haven from the sovereign-debt crisis in Europe.(…)Read the rest of Pound Climbs on Retail Sales & Worries About Europe (120 words) Posted on Forex News. Read More Pound Climbs on Retail Sales dan Worries About Europe
Posted in FX News | Tagged about, climbs, europe, on, pound, retail, sales, worries
British retail sales rose in December, boosted by heavy discounting by retailers ahead of Christmas. Read More UK retail sales rise as shops cut prices
Posted in FX News | Tagged as, cut, prices, retail, rise, sales, shops, uk
The United Kingdom released the retails sales index for December, which measures the consumption level in the economy; however, as this week comes to an end markets are still biased to the downside despite the improvement seen in the levels of spending in the United Kingdom, as some investors tend Read More UK Retail Sales [...]
Posted in FX News | Tagged day, debttalks, december, eyes, for, greek, improves, in, on, remain, retail, sales, the, third, uk, while
Kate Davies from the Retail Sales Index explains who are the winners and losers in the latest figures. Read More Retail sales rise winners are the clothing and department stores
Posted in FX News | Tagged and, are, clothing, department, retail, rise, sales, stores, the, winners
After weakening some of the provisions that would form the rules in the “Fiscal Compact” sought by Euro-zone and EU nations, some tougher elements were put back in. The blueprint is to be discussed early next week when EU finance ministers meet. In the UK retail sales for December rebounded Read More Fridays 3 Key [...]
Posted in FX News | Tagged 3, can, compactquot, cpi, fridays, key, quotfiscal, retail, sales, stories, uk
Despite the better than expected payrolls data equity markets throughout Asia are fairly flat, which tells us that as Italy?s 10yr bond yield hovers above 7% Europe is at the forefront of investor sentiment. Nevertheless, attention momentarily turned to retail sales data out of Australia this morning, before refocusing on Read More Disappointing Retail Sales [...]
Posted in FX News | Tagged aussie, disappointing, figures, retail, sales, spook, the
In a leading indicator the Chicago PMI came in stronger-than-expected for the December period. The index posted a reading of 62.5, basically matching November 62.6 and much stronger than the forecast of a 60.4 print which would have meant a slower expansion of activity. Read More Chicago PMI, Pending Home Sales Show Continued Momentum in [...]
Posted in FX News | Tagged chicago, continued, economy, home, in, momentum, pending, pmi, sales, show, us
