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👤Lisa Harris
🕔October 14, 2016
The latest US Retail sales data release showed a rally in retail stores in the month of September, as gas stations and auto dealers recorded their largest gains, the release indicates that consumers are still spending well enough to sustain the balance in the US economy.…
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👤Lisa Harris
🕔October 13, 2016
An increase was recorded in the Australian inflation expectations for the month of October, this is the first rise in 3 months and it indicates that the central bank policies are finally finding its way into the rate of price growth.…
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👤Lisa Harris
🕔October 12, 2016
The International Energy Agency in its last data release outlined the scale of the challenge currently being faced by OPEC in their quest to raise oil prices, after the organization’s production reached a record high level in the month of September and demand growth for oil remained weak.…
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👤Lisa Harris
🕔October 11, 2016
The Australian housing market dampened in the month of August, with the fall in home loans and the much slower rise in residential lending. Data from the statistics bureau showed on Tuesday that there was a slump in home loans for the second straight month in August and the third in 4 months.…
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👤Lisa Harris
🕔October 10, 2016
The Swiss unemployment rate came in unchanged today at 3.2% for the month of September, and in terms of seasonal adjustment the rate was also unchanged at 3.3% in comparison to the market’s forecast of climb to 3.4%, there was however a marginal growth in the unadjusted total number of unemployed in the same month.…
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👤Lisa Harris
🕔October 9, 2016
There was a decrease in the US dollar against a basket of major currencies last Friday, falling from an over 2 months high in the moments following the US employment data for September was a major let down for market participants as it came in below analysts’ expectations, as the GBP fell to a 31 year low resulting from what was termed a “flash crash”.…
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👤Lisa Harris
🕔October 8, 2016
The Bank of Canada in its latest Business Outlook Survey reported that there is a perception among many companies that the resources sector is grinding to a halt after a two year downturn. The central bank’s latest business outlook survey shows Canada’s biggest trading partner is still seen by firms as the main driver of positive expectations for exports.…
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👤Lisa Harris
🕔October 7, 2016
Canadian employment figures have edged up to a 4 year high in its September release, indicating that a reduction in interest rates may not be necessary to keep the slow recovery from the commodities bust. Statistics Canada stated on Friday in Ottawa that Canadian employment rose by 67,200, the most since April 2012.…
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👤Lisa Harris
🕔October 5, 2016
The latest US factory orders data revealed a 0.2% rise in orders for the month of August, which was marginally higher than the forecasted reading of a 0.1% slump, the reading for July was however revised from the previous projection of 1.9% to a new estimate of 1.4%.Through the year, there was a drop of 2.6%, but looking at the big picture the overall recovery trend remains very evident.…
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👤Lisa Harris
🕔October 4, 2016
A decrease was posted today in the latest prices of the Global Dairy Trade (GDT) auction as it recorded a 3.0% after a 1.7% rise in prices at the previous auction, as whole milk powder prices fell by 3.8%.
“Average prices were down for virtually all commodities on offer—the exception being butter milk powder—but certain shipping periods were better supported,” AgriHQ analyst Susan Kilsby said in a note.…
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