Retail sales

Aside from being a measure of consumer confidence, retail sales data also gives us important insight into what we might expect Q4 GDP numbers to be like. Many economists predict most countries in the world have slipped back into…

Retail sales figures have replaced other important data such as employment as the chief focus of central banks. When they mention "fast indicators", among them are retail sales figures. We are waiting for the economy to return to…

Last Week’s Highlights BoE Leaves Rates Steady but Gives a Cautious Outlook on Economy The Bank of England held its monetary policy meeting on Thursday. While leaving interest rates unchanged at 0.10% it also left the bond-buying program…

Last week’s highlights Australia Retail Sales Rise in June Retail sales in Australia continued to expand, albeit at a slower pace in June. Data showed that retail sales grew at a pace of 2.4% in June, comparing to the 16.9% increase in…

When considering commodity currencies, we tend to focus on exports as they typically have the largest impact on currency fluctuations. However, we are in unusual circumstances. For now, currency moves driven by monetary policy are…

A host of key economic data is set to close out the week in Japan. In the altered reality that is the coronavirus situation, some of the usually important economic metrics are largely being ignored by the markets. In terms of getting a…