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Retail sales fall unexpectedly, jobless claims up
WASHINGTON (Reuters) – U.S. consumers unexpectedly curbed their Christmas spending in December and more people filed claims for jobless benefits last week, casting fresh doubts on the durability of the economic recovery once government support fades.
The Commerce Department said on Thursday retail sales fell 0.3 percent [...]
US retail sales fall 0.3% in Dec
Fri, Jan 15 2010, 05:38 GMT
after a consensus-missing retail sales report, although positive revisions meant little negative fallout in markets. The S&P500 is currently little changed, and waits for benchmark Intel’s Q4 earnings report which will be released after the close of trading. Also important [...]
China car sales surpass U.S., Peugeot sees upturn
PARIS (Reuters) – China’s auto sales surged past the United States to reach record levels in 2009, industry figures showed on Monday, underscoring China’s importance to the global auto industry as the world’s biggest market.
The figures came as PSA Peugeot Citroen of France said markets were [...]
Tue, Jan 5 2010, 14:12 GMT
by ecPulse.com analysis team
The world’s largest economy housing sector, along with other economical branches showed more than once previous signs of enhancement throughout 2009 and is forecasted to enhance further this year; however, the pending sales of the country’s existing homes has most probably dropped in [...]
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
Pending home sales slump, factory orders up
WASHINGTON (Reuters) – Pending sales of previously owned U.S. homes fell more sharply than expected in November, but a surge in new factory orders offered assurance the economic recovery remained on track.
In a further boost to the economy, initial results from automakers on Tuesday showed December’s vehicle [...]
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
Tue, Dec 29 2009, 04:58 GMT
Crude oil rose to 1-month high at 79.12 before closing at 78.77, up +0.9%, Monday. The 4-day rally is the longest winning streak for the black gold since October. Robust retail sales during holidays, anticipated strong economic growth in China and re-emerged tension in Iran spurred [...]
Tue, Dec 29 2009, 10:57 GMT
– (SZ) Swiss UBS Consumption Indicator: 1.276 v 0.876 prior; highest level in 14 months
– (FR) French Q3 Final GDP Q/Q: 0.3% v 0.3%e; Y/Y: -2.3% v -2.4%e
– (SP) Spanish Nov Retail Sales (Real) Y/Y: -4.3% v -3.9% prior, Adjusted Real Retail Sales Y/Y: [...]
MONTREAL/CHICAGO (Reuters) – U.S. retailers performed better during the holiday shopping season this year than in historically dismal 2008, in line with lowered expectations, according to data released on Monday.
Activity tracked by SpendingPulse, a unit of MasterCard Advisors, showed retail sales rose 3.6 percent in the period from November 1 through Christmas Eve on [...]