posted by
AussieTrader
1620 days ago
in AUD, Employment
Nearly half of businesses in Australia and New Zealand are axing employees or freezing staffing levels - three times more than eight months ago - on expectations that business conditions will worsen.
posted by
Centralian
1621 days ago
in USD, Inflation, Retail Sales
Sales at retailers fell for a fifth straight month in November, the longest decline in at least 16 years, as gasoline sales tumbled by a record amount, according to government data on Friday.
posted by
HousingMarket
1621 days ago
in USD, Housing
Apparently large numbers of consumers thought precisely that during the week after the disclosure that the Treasury Department was working on plans to slash loan rates for consumers who buy houses in the coming months.
posted by
HarrisClan
1621 days ago
in GBP, Trade
A massive surge in short-selling helped to push the pound to a record low against the euro last week, according to market sources.
posted by
twilight
1622 days ago
in EUR, Inflation
Echoing comments made by various European central bankers throughout the last several days, Portuguese central bank governor Vítor Manuel Ribeiro Constâncio said the ECB's January rate decision remains dependent on data.
posted by
Lacy
1622 days ago
in EUR, GDP
The Irish economy is facing its worst recession on record next year.
posted by
pipSyGirl
1622 days ago
in USD, Retail Sales
Retailers are banking on December for holiday sales to provide the bump they need, according to the National Retail Federation .
posted by
grink
1622 days ago
in USD, Fundamental, Retail Sales
U.S. retail sales fell for a record fifth consecutive month in November and wholesale prices tumbled as the deepening recession pulls inflation down.
posted by
posh
1622 days ago
in EUR, GBP, Inflation
The pound hit its fifth record low against the euro in as many days on Friday (December 12th) as sterling was battered by more bad tidings.
posted by
PipWatCher
1622 days ago
in JPY, Sentiment, Employment
Japan’s consumers became the most pessimistic in at least 26 years, indicating their weaker spending may deepen the recession.
posted by
LosingGain
1622 days ago
in USD, Retail Sales
Treasuries rallied for a second day, sending yields to record lows, as government reports showed U.S. retail sales fell in November and producer prices also declined.
posted by
closingtrade
1622 days ago
in USD, Retail Sales
The U.S. dollar remained lower versus the Japanese yen and down slightly against the euro Friday, posting little immediate change following the release of U.S. retail sales data and the producer price index for November.