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👤Xinyang
🕔September 12, 2016
News Event
From Trading Economics: Total Vehicle Sales in China increased to 2071000 in August from 1851900 in July of 2016. Total Vehicle Sales in China averaged 887405.40 from 1997 until 2016, reaching an all time high of 2785513 in December of 2015 and a record low of 88416 in January of 1998.…
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👤Arthur Greene
🕔September 5, 2016
Eurozone retail sales volumes grew by 1.1% in July, which was stronger than the expected increase of 0.5% for the month, while the June data was revised marginally to show a 0.1% decline from the originally reported no change. On an annual basis, there was a 2.9% increase from 1.7% the previous month with food sales rising 1.8% and non-food sales rising 3.2%.…
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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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US Pending Home Sales Strengthens Further
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👤Arthur Greene
🕔August 31, 2016
A survey conducted by Thomson Reuters revealed that the number of contracts signed by home-buyers for the month of July rose higher by 1.3%, more than the 0.6% rise forecasted by analysts. The rise drove the Pending Home Sales Index higher as it reached its second highest level in over 10 years to 111.3, below the 115 level posted for the month of April.…
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👤Nurudeen Amedu
🕔August 29, 2016
- Fourth consecutive fall for the release
Australian new home sales have posted fresh lows for the month of July as it fell for the third time in four months signalling a persisting downtrend in the economically vital housing sector. The Housing Industry yesterday reported in its monthly survey of large-volume builders that new home sales fell to a seasonally adjusted 9.7% in July, completely offsetting a previous soar of 8.2% in the month of June.…
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👤Arthur Greene
🕔August 23, 2016
Data released for new US single-family home sales surprisingly soared in July, as it reached its highest level in almost 9 years surrounded by a very healthy demand, this was a major uptick for the housing market outlook as it also promoted the idea that there will be an upswing in economic growth in the third quarter.…
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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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👤Nurudeen Amedu
🕔August 16, 2016
- PBOC release strengthens theory of capital outflows
The Chinese yuan fell sharply on Monday, as the central bank reported surprisingly large foreign exchange sales in July, the concerns generated by this report was further intensified by an already apparent fear that the Chinese economy is experiencing significant spates of capital outflows.…
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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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