US Retail Sales Weaker Than Expected, USD Should Soften
US retail sales came in weaker than expected for the January period. Headline retail sales rose 0.3% in the month, smaller than forecasts of a 0.5% gain. While its the 7th straight month that sales were up, it is also the weakest reading in 6 mon
UK Retail Sales Volume falls 0.8% in December
UK retails sales volume fell 0.8% in December. The figure surprised many who; whilst expecting the month to show declines; forecast a far smaller drop of around 0.4%. The final figure represents the worst December volume since records began. D
GBP Brushes off Weaker Retail Sales and Mortgage Approvals
In the UK, we saw mortgage approvals decline to a 21-month low of 40K in November. The UK economy is about to begin its austerity measures and unlike in Germany and the Euro-zone, the view seems less optimistic about what is in store for the UK.
Fundamentals and the Week Ahead
The week ahead:MONDAY: Martin Luther King Jr. Day—All Markets Closed, Philadelphia Federal Reserve President speaks.
TUESDAY: Empire state manufacturing survey, Treasury international capital, housing market index. Also, earnings before-the
Retail figures confirm wintry forecasts for December sales
A rush to the shops by consumers in the days before and after Christmas failed to compensate retailers for the business lost during December's big freeze, according to a report released today.
UK retail sales fell in December, BRC says
UK retail sales fell last month as snow and concerns about job security hit consumer spending, the British Retail Consortium (BRC) has said.
Chinese Trade, Australian and Swiss Retail Sales, UK Housing
In overnight data we saw the Chinese trade balance shows the surplus there much smaller than expected in December. Exports rose less than anticipated. In Australia, retail sales rebounding in November following a poor October. Swiss retail sales
EZ Retail Sales Unexpectedly Fall In November
Eurozone retail sales unexpectedly lost ground in November, with turnover in both food and non-food products declining on the month, Eurostat reported on Thursday.
Video - Euro Pressured on Sovereign Debt Concerns
The Euro was pressured today as the European Commission said it would go through with having senior bondholders take some kind of cost in a any bank failure. Any talk of haircuts has hurt the EUR. We look at the EUR’s slide and at US jobless clai
Key Highlights and Stories (1/6) – Euro-zone and UK
The EUR/USD slid in today’s trading as we have worries about sovereign debt mixing in with data showing a diverging path between Euro-zone’s core and periphery. In the UK, we see a weak services report, which caused the GBP to pare some earlier g
Unemployment Rate, Retail and Auto Sales
Although the U.S. economy has added jobs in recent months, the unemployment rate remains uncomfortably high at 9.8%. The rate for December is due out on Friday and is expected to drop to 9.7%. However, no one seems to expect significant improveme
Dollar rebound, euro zone pain may exert more pressure on Re
Dollar is displaying strength against international currencies after a bout of positive data released recently by the US, which includes positive retail sales and higher manufacturing activity.


