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Australian Retail Sales Show Slowing in July
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👤Nurudeen Amedu
🕔September 1, 2016
Australian retail sales for the month of July has shown no growth as it flat lined for the first time since 5 months, this report reveals a strong deceleration in the Australian economy since the beginning of the third quarter. The Australian Bureau of Statistics reported on Thursday that retail sales came in unchanged for July after a 0.1% rise in the month of June.…
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👤Arthur Greene
🕔August 18, 2016
UK sales data for last month shows that shoppers overcame the confusion stemming from the outcome of the UK’s Brexit vote to leave the EU, the just released UK retail sales data largely outpaced analysts’ expectations by more than 1.5% month on month in July, as it bounced off a 0.9% fall made in the previous month.…
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👤Lisa Harris
🕔August 13, 2016
- Weaker PPI and Core PPI in the US
- CFTC reveals declining long positions for USD
On the 12th of August the market witnessed a noticeable decline in favourable bets on the US dollar for the second consecutive week, as investors are sceptical on the issue of a rates hike by the Federal Reserve Bank this year due to the better than expected US Non-Farm Payrolls release for last month.…
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👤Lisa Harris
🕔July 21, 2016
- Retail sales slump blamed on weather as clothing and footwear sales are the most affected
The fastest sales rate slump, which many believe to be the result of Britain’s fierce weather conditions was witnessed today when the retail sales data was released, while others assumed that this was more likely the aftermath of the Brexit.…
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