Articles by Retail Sales
Australian Dollar Outlook – January 19, 2015
January 19 2015 11:51 AM
The Australian Dollar remains resilient on the back of the Swiss Central Bank's currency announcement to abandon its floor.
Australian Stock Market Report – Afternoon January 15, 2015
January 15 2015 6:48 PM
Local shares extended this week's losses, with the market again held back by heavy falls in the materials sector. A weak lead from Wall Street also weighed on investor sentiment. Overnight markets sold off on weak metal prices, US retail sales for December coming in weaker than expected and poor earnings results from large cap banking stocks.
Australian Dollar Outlook – January 15, 2015
January 15 2015 10:31 AM
Weaker US retail sales helped reverse attempts to drive AUD/USD lower on the back of falling copper prices.
Australian Dollar Outlook – January 14, 2015
January 14 2015 10:42 AM
The Australian Dollar has remained within the recent 0.8100-0.8200 range yesterday.
Australian Stock Market Report – Morning January 14, 2015
January 14 2015 10:13 AM
In US economic data, a survey of small businesses - the NFIB business optimism index - rose from 98.1 to 100.4 in December. The JOLTS job openings index rose from 4.83 million to 4.972m in November. And chain store sales were up by 3.8% in the latest week on a year ago, down from the 4.3% gain in the previous week.
Global Markets Overview – January 12, 2015
January 12 2015 11:30 AM
The US earnings season begins tonight and Australia's earning season begins in two weeks; expectations for the both are low at best.
Australian Stock Market Report – Afternoon January 9, 2015
January 09 2015 6:19 PM
The local share market has wrapped up the last trading day of the week on a positive note, finishing close to the day's highs. The All Ords (XAO) jumped 80 points or 1.5 percent to 5,440, while the ASX 200 (XJO) climbed 84 points or 1.5 percent to 5,465.
Global Markets Overview – January 9, 2015
January 09 2015 10:57 AM
The US market had its second day in the green yesterday, which saw it recoup over all its losses year-to-date.
Australian Stock Market Report – Afternoon January 8, 2015
January 08 2015 6:42 PM
Australian shares finished firmer for the second time this week following 1.2 per cent gains in US markets and a firmer oil price. The ASX 200 Index rose by 0.5 per cent but is still down so far this week.
Australian Stock Market Report – Morning January 8, 2015
January 08 2015 9:50 AM
In US economic data, the trade deficit improved from a deficit of US$42.25 billion in October to US$39bn in November. The ADP employment survey showed that 241,000 private sector jobs were created in December, above forecasts for a 226,000 gain. And new home loans rose 11.1% in the past week with refinance transactions up 16%.
Global Markets Overview – January 5, 2015
January 05 2015 10:14 AM
Activity will slowly start to pick up again this week with market participants making their way back to trading after a break. China and Japan return to trade after having been on New Year's related breaks for most of last week. Attention is likely to be on Europe for the next few weeks as investors digest the developments from Greece and what this means for the euro. Comments made by Greek Prime Minister Samaras suggesting the country's euro membership is on edge heading into the January ...
Australian Dollar Outlook – December 19, 2014
December 19 2014 11:03 AM
The Australian Dollar has made back some of yesterday's post FOMC losses, currently trading around 0.8160.
Australian Dollar Outlook – December 18, 2014
December 18 2014 11:12 AM
The Australian Dollar has dipped suddenly to USD 0.8120 following headlines the FOMC had dropped the "considerable time" phrase with respect to its guidance on interest rates, and instead deciding it could be "patient in beginning to normalise" policy.
Global Markets Overview – December 15, 2014
December 15 2014 11:00 AM
Global equities extended their slide on Friday, with investors continuing to focus on the slump in oil prices. Oil remained at levels not seen since mid-2009 with WTI remaining below $60 per barrel. Apart from China, which benefited from some surprisingly solid data, the rest of the globe struggled on Friday. Retail sales and fixed asset investment were mildly better than expected, but industrial production fell short presumably due to factory closures ahead of the APEC summit.
Australian Stock Market Report –Afternoon December 12, 2014
December 12 2014 8:29 PM
The Australian sharemarket has closed weaker, with investors cautious ahead of the release of a raft of Chinese economic data, including retail sales and industrial production for the month of November. The ASX 200 slipped 0.2 percent to 5,219. Today's falls takes this week's losses to 2.2 percent.
Australian Dollar Outlook – December 12, 2014
December 12 2014 10:54 AM
The Australian Dollar is trading lower this morning, having given up gains made on the back of yesterday's good jobs data.
Australian Stock Market Report – Morning December 12, 2014
December 12 2014 9:50 AM
In US economic data, retail sales rose by 0.7% in November (well ahead of expectations of 0.4%). Excluding gasoline, sales lifted by 0.9%. The gains were broad-based and confirmed a lift in discretionary spending. Core retail sales (excluding automobiles, gasoline, building material and food services) lifted by 0.6%. US jobless claims fell by 3,000 to 294,000 in the past week. US import prices fell 1.5% in November driven by a 6.9% slide in oil prices. US business inventories rose 0.2% in Octobe...
Australian Dollar Outlook – December 11, 2014
December 11 2014 10:40 AM
The AUD has not broken new ground. Having pushed down to 0.8265 after a lower-than-expected Chinese CPI print, it recovered to 0.8348 before pulling back to 0.8300 this morning.
Australian Stock Market Report – Afternoon December 4, 2014
December 04 2014 8:50 PM
The ASX 200 spent the afternoon consolidating having reached session highs in the latter part of morning trade. Materials and Industrial stocks were the best improved sectors and investors gave the defensive utilities sector a wide berth which saw that group lagging the most.
Australian Stock Market Report – Midday December 4, 2014
December 04 2014 4:18 PM
Early trade on Thursday has seen local shares continue to build on the gains of recent sessions. The ASX 200 opened the day with a gain of 5 points before pushing on to the best levels of the morning when the market was ahead by 52 pts. Investors have been encouraged by the positive tone of US economic news released over night. European shares were generally higher on Wednesday on hopes that the European Central Bank would inject more stimulus into the economy on Thursday. The FTSEurofirst 300 i...