Australian data – Q4 2022 Retail sales -0.2% q/q (expected -0.6%)
Retail sales from Australia, Q4 2022 comes in at -0.2% q/q expected -0.6%, prior +0.2% the y/y is +1.8% Australian Bureau of Statistics comments on the data: Retail sales volumes fell for the first time since the September quarter 2021, with volumes falling across all non-food industries as consumers tightened discretionary spending in response to […]
Lirunex Hires AssetsFX’s Waleed Salah as Head of Sales MENA
Lirunex, a multi-regulated forex broker Forex Broker In the forex space, a broker is any company that can provide traders with access to a platform that permits the buying and selling of multiple currencies.The retail forex industry has grown over the past two decades to include every major jurisdiction, which in turn has necessitated new […]
Swiss Retail Sales || Act: -2.8% Prev: -1.3%
<p>Swiss Retail Sales || Act: -2.8% Prev: -1.3%ughh – following ze germans with poor sales data</p> This article was written by Ryan Paisey at www.forexlive.com. Source link
Australia December retail sales -3.9% m/m (expected -0.3%)
Australia December retail sales -3.9% m/m – a huge miss but there were warnings expected -0.3%, prior +1.4% (November benefitted from Black Friday sales) the -3.9% m/m is the first fall after 11 consecutive months of rises apart from the pandemic and the introduction of sales tax (GST) this is the worst month ever The […]
Australian retail sales data due today – “risk firmly to the downside”
Australian retail sales data are due at 0030 GMT (this is 1930 US ET and 11.30am in Sydney): Snippet from National Australia Bank’s preview: Shifting seasonal patterns put the risk firmly to the downside in our view, and NAB pencils in a -1.0%, but with high uncertainty. Black Friday pulling spending into November drove the […]
US December pending home sales +2.5% vs -0.9% expected
Prior was -4.0% (revised to -2.6%) Index 76.9 vs 73.9 prior This is the first improvement since May Full report This is December data but there’s increasing talk of better home-buying traffic in January as consumers see rates in the low 6s. “This recent low point in home sales activity is likely over,” said NAR […]
US existing home sales for December 4.02M vs 3.96M estimate
<ul><li>Existing home sales 4.02M va 3.96M estimate</li><li>Prior month 4.08M vs 4.09M previously reported. </li><li>Sales are down -1.5% MoM</li><li>11th straight month decline</li><li>Supply at 2.9 months with a more balanced market being 4.6 months</li><li>Median sale price $366,900 that is up 2.3% from December 2021</li><li>2022 existing home sales 5.03M units -17.8% from 2021 (6.12M units)</li></ul><p>Existing home sales are […]
Dismal December Retail Sales Leads Cable Lower
GBP/USD News and Analysis Disappointing retail sales during a strike affected December poses concerns for shoppers GBP/USD eases after the report, heading into the weekend looking for support at 1.2300 Attention turns to next week with the first look at US GDP and PCE inflation data, UK PMIs too The analysis in this article makes […]
Dollar remains unloved; sterling drops on weak retail sales By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Friday, remaining around seven-month lows amid concerns of a U.S. economic slowdown, while sterling retreated after weak retail sales data. At 03:15 ET (08:15 GMT), the , which tracks the greenback against a basket of six other currencies, edged […]
GBP/JPY advances towards 160.00 ahead of United Kingdom Retail Sales data
GBP/JPY is approaching 160.00 as investors are still confused about forward Bank of Japan’s policy stance. Bank of England might discover a meaningful downtrend in inflation from the late spring amid tight monetary policy. Bank of Japan could look for an exit from the expansionary policy as inflation is stably rising. GBP/JPY might display a […]