Retail sales

Retail Sales Rebound AUD bulls received a boost this week as, despite still-subdued wage growth and generally weak household consumption,  Australian retail sales rebounded over November. The reading rose 0.4% in November, outperforming… Read More

The big American data for the day is scheduled for 08:30 EST (14:30 CET) when the Census Bureau releases November retail sales data. The data can move the market including forex, and given that it is one of the last major releases before… Read More

The Reserve Bank of Australia held its monetary policy meeting on Tuesday last week. As widely expected, the Central Bank maintained its interest rates unchanged at 1.50%. The interest rate decision marks an uninterrupted view on… Read More

Consumer spending in New Zealand slowed down in the third quarter as retail sales fell more than expected. Official data from Statistics New Zealand showed that retail sales were flat in the three months ending September 2018. The data… Read More

Consumer prices in the United States rose at the fastest pace since the start of the year in October. The surge in inflation was driven by higher gas prices and a rebound in the price of automobiles including used cars and trucks. The… Read More

Today at 8:30 EST (14:30 CET) the US Census Bureau will publish the retail sales data for the month of October, which coincides with weekly employment data released from the US Department of Labor. Both of these events can be price… Read More

This weekend is bracketed by two major monthly data releases which are expected to get extra attention this time around: On Friday we have the release of the Michigan Consumer Sentiment Index and on Monday US Retail Sales data. One of the… Read More

Summary: New Zealand quarterly retail sales rise 1.1%, above estimates of 0.4% Annual retail sales rise 3.1% Better than expected retail sales raises prospects of a stronger Q2 GDP growth The latest retail sales report from… Read More

U.S. consumers were seen boosting spending in July marking a robust start to consumer spending for the third quarter beginning. The data comes in the backdrop of the stronger labor market and high consumer confidence. Confidence remains… Read More

While until recently, economists were hawkish on the Bank of Canada and preparing for a rate hike as early as July, the prospects of a rate hike are starting to diminish if recent data is anything to go by. Last week, data from Canada… Read More