UK Retail Sales - 3 Scenarios and its Importance to GBP
The retail sales report is important because it can give us a very good gauge for demand in the UK economy. We want to know if there is some kind of domestic demand within the economy that can help drive the recovery. UK economy is facing sluggis
Trading Tomorrow's U.K. Retail Sales Report
It's that time of the month again folks! No, Huck isn't in her "Leave me alone or I kill you mode." I'm talking about the U.K. Retail Sales report coming out tomorrow! For all you news traders out there, this could be your chance to bag some nice
Trading the U.K. Retail Sales Report
For those of you who love trading the news and are just looking for the next big report that could spark some volatility in the markets, look no further! Today, I present to you Forex Gump's guide to trading the U.K. retail sales report!
Wall Street Sentiment Sags After Bernanke Back-Peddling
Market sentiment was slightly dampened yesterday as Fed Chairman Ben Bernanke clarified the dovish comments he had made during the previous day’s testimony to the U.S. Congress. Even better-than-expected economic data couldn’t calm market volati
BOC Poll: Sales Views, Inflation Expectations Rise
Dow Jones via eFXnewsCanadian companies expect sales volumes to rise at a faster rate over the next year thanks to strong demand for commodities, and plan to increase employment and invest in
Australia Retail turnover falls 0.6% in May 2011
The latest ABS Retail Trade figures show that Australian retail turnover fell 0.6% in May 2011, seasonally adjusted, following a rise of 1.2% the previous month.
US Retail Sales Slide in May but Still Better than Expected
US data today showed retail sales down 0.2% in May, as consumers pulled back on their spending on autos during the month. However this was better than some of the forecasts out there as Bloomberg expected a 0.5% drop, and Dow Jones Newswire forec
Fundamental Preview: Four Scenarios for the US Retail Sales
Tuesday key report from the US will be the May retail sales figures. With consumer spending making up a majority of the economy, gauging US spending will give us an important read on the health of the recovery. The market is quite pessimistic in
This Week in the USD: Consumer Prices Retail Sales, Trade
After a week in which several factors lined up to see currency markets move in favor of the USD, we come into a week with several key releases on the economic calendar. The US will post retail sales and consumer prices for April, as well as trade
Trade the U.S. Retail Sales Report with Me!
Word on Wall Street is that U.S. consumer spending most probably picked up last month. The headline retail sales figure is expected to print a 0.6% increase, while the core version is projected to post another 0.7% uptick for March.
GBP Extends Decline Past 1.62 vs USD on Soft Retail Sales
The Pound was weaker yesterday on news that Andrew Sentance would be replaced in the Bank of England Monetary Policy Committee by Ben Broadbent - who has a more balanced view of the need for an interest rate cut than the ultra-hawkish Sentance.
GBP Weakens as Retail Report Shows Consumers Retrenching
The GBP stumbled as the cracks are showing in the UK economy. A report on retail sales came in sharply weaker than expected. With austerity measures ready to bite and the Bank of England looking more and more likely that they will have to hike ra


