Retail Sales Break Recent Downtrend with July Release
For a second day in a row we have positive fundamental data from the US, this time in the form of solid retail sales for the month of July. coupled with the better trend in jobless claims increase in consumer spending to help alleviate some of th
U.S. Dollar Preview: Where Is The U.S. Consumer?
The US consumer takes center stage today as both retail sales and consumer sentiment surveys are scheduled to be released. But, both reports aren’t on a unified growth front however. Although retail sales are expected to regain some traction fo
Euro Preview: Will Retail Sales Slow In Brazil?
European session releases will run thin today, with only a handful of economic announcements slated for the session.The first of which will be German wholesale inflation figures. Germany’s wholesale price index is expected to show a rise in
Euro Preview: European Retail Sales To Show Reversal
Today’s shortened economic schedule isn’t without its highlighted reports. Expected on the session are four services index reports and an important retail sales figure out of the EU.
RIKSBANK WATCH: Data Send Mixed Messages On Rate Path
(Dow Jones via #eFXnews.com)A slew of data Thursday has muddied the outlook for the Swedish economy, with retail sales and unemployment figures showing strength while the closely watched consumer confidence indicator drops to its lowest level
UK July Retail Sales Add To Gloom On 3Q Outlook
(Dow Jones via #eFXnews)U.K. retail sales weakened in July to their lowest in more than a year, the Confederation of British Industry said Thursday, adding to evidence that the economy has got off to a slow start in the third quarter.
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Global Markets Overview 07/18/2011
Financial stocks were among the worst decliners in the S&P 500. Citigroup slumped 64 cents, or 1.6%, to 38.38, reversing an earlier advance. The bank's second-quarter profit jumped 24%, but it struggled to increase earnings in many businesses aro
It's Official! Fed Ready for QE3
Federal Reserve Chairman Ben Bernanke confirmed the fears of investors on Wednesday. No, he's not shaving his beard nor is he gonna start wearing a toupee. According to Big Ben, the U.S. may not be far off from getting QE3.
Better US Jobless Claims May Help USD Funded "Risk-on" Trade
Today's US data showed a retrenched US consumer - but at least one that increased spending slightly, falling prices for "volatile" items such as energy and food in the PPI, as well as better than expected jobless claims reading which suggests som
Previewing US Retail Sales Report: US Consumers Retrench?
With the economy facing anemic job growth, it will be very important to gauge consumer spending during the period, as personal consumption makes up around 70% of the US economy. Retail sales account for about one-half of that total and approximat
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Weekly Fundamental and the Week Ahead
Nonfarm payrolls rose only 18,000, according to the Labor Department, well below economists’ expectations for a 90,000 rise from a Reuters survey. The unemployment rate climbed to 9.2 percent, the highest since December 2010. This was up from 9.1


